Nah mate, I’m holding onto the cash for now, planning to re-enter LTR when it inevitably comes back down to earth. Personally, I think the current rally is being driven largely by retail hype. There are loads of retail investors saying they’re topping up, but it seems many have forgotten the second part of Warren Buffett’s famous quote: “Be fearful when others are greedy.”
LTR is a great company, no doubt, but I think this run could end in tears.
As for me, I’ve been slowly accumulating SYA. I’ve got a history of being impulsive with investments, so I’m doing my best to take it slow. I was lucky enough to recently receive a $700k compo payment, and I’m doing everything I can to resist the urge to throw it all into a bunch of deeply undervalued lithium plays.
Right now, I’m accumulating the following (in no particular order):INR, PLS, PMT, SYA, VUL and WC8. I’ve also picked up a few parcels of MIN and IGO recently, but I don’t plan on adding more seeing as though both have recovered a fair bit. No more WR1 for me either; I already hold far too many, I'm deep underwater there, and the company is in a pretty vulnerable spot at the moment.
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