Your dead right stevo1963. The only "questionable" thing is "stays at an elevated price". My take is that the SP is highly, unsustainably, DEflated now, only based on shorters punting that the Lilac DLE won't work and lack of consistent and reliable management information to keep the market in the loop of this, potentially, industry disruptive process. Initial proof of those "should" have a significant effect on the value of Lake, and that should AT LEAST re-trace the SP to a, then, more sustainable level, albeit still nowhere near including the expectation factor. Then the DFS comes in which should attract the more serious,retail LT, investors, who have been missing for months because of the shorters.. Just my take, but, I don't think that the next few anns will be pump and dumps types. IMO,they WILL attract genuine LT investors and Funds, again. Definitely not advice.
LKE Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
