General Discussion Topics, page-132528

I bought a company once on their float (ipo) at 20c. They were looking for Tantalum. Over a few years they got to 2c so I deleted them from my watchlist. Another few years went on and i received a call from my broker (I now trade without a broker), he said the stock was 40c, so I should sell. I sold immediately. I then did a little research and found that the Tantalum was covered in white stuff called Lithium. Following a lot more research, I bought the stock back for 40c, then more at 70c, before they dropped to 20c and I bought more.My average price was 40c. When the price dropped to 20c, the Li market was in a state, manipulated largely by the Chinese that screwed a couple of companies over on their Li contracts. One of those was Altura that went under. My company was PLS that bought Altura. I sold the bulk of my shares at $5.11
This is the only Li company where I have lost money, luckily I am not heavily invested so nowhere near the amount I have gained through the others (including LTR), but I guess you can't get it right every time.