@Lurra I am not a down-ramper, I simply retold my personal experience. IF the price of LTR goes a lot lower, I will be buying in again - I have not lost belief in the company, but even more so I believe in the product.
The world needs lithium and will need even more, but it is EOFY - the stock market generally is on a downward trajectory - it does that from time to time, in case you haven't noticed - last one was around 2008-9-10 - and it took a while to recover.
I only have approx. information about LTR - have been a holder, made modest gains (my investments at this stage were modest) - I was not an early holder - like some of my friends on here are.
I was simply quoting my personal experience from a previous stock market baisse, which lasted a fair while - and I then put it all away as a mugs' game. I began dipping my much reduced 'toes' in around 2019 and one of the stocks I made money on, was LTR. Not as much as many of you did.
and I will buy in again.
For the moment I believe the stock market is due for a correction, hence my post and re-telling of my experience during the last correction.
What I have been mulling over, since I 'entered' this two-up game again, is this:
If you are only a small fish and are not in your twenties, there is absolutely no reason to 'believe' in a company and keep on holding, especially when the discovery/resource is new and the company is at that beginning stage of transforming itself from an explorer to a producer. At that very beginning, the share becomes the toy of gamblers. People buy in and sell for small ticker gains - people put in lots of money, as in the casino and pull it out again as soon as they have made a small again, and repeat.
There is no doubt in my mind, that lithium will be the energy driver of the future and that LTR is a good company.
But the signs that the financial world is heading for some troubles are pretty obvious to everyone - and that a stock market baisse is in the making.
I will be lining up to purchase LTR once it's under $1 ; - so maybe you can put me down as a down-ramper, I don't care one way or the other.
Taurisk
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Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B |
Open | High | Low | Value | Volume |
91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 472933 | 90.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.5¢ | 446423 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5786 | 0.900 |
4 | 110000 | 0.895 |
34 | 321661 | 0.890 |
8 | 180544 | 0.885 |
17 | 389749 | 0.880 |
Price($) | Vol. | No. |
---|---|---|
0.905 | 22997 | 2 |
0.910 | 105000 | 5 |
0.915 | 95187 | 4 |
0.920 | 25500 | 1 |
0.925 | 44911 | 4 |
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