Its Over, page-13151

This lithium prospect, Lake Resources (LKE) is down 46.5% since last Tuesday, do you see the Christmas tree?
It rose so much so quickly that it had to deflate equally hard and wild.
Nothing to do with lithium price for sure, but could be due to company specific risks including resignation of its CEO or if this is just like NVX and VUL, another $1B+ lithium company without cashflows that has gone ahead of itself in terms of valuation.  

1 year view
LKE Stock Price and Chart — ASX:LKE — TradingView

Make no mistake, the market is deflating all stocks that have gone ballistic previously and yet to deliver (only look good on Powerpoint). If it has not come for any particular stock, it is likely to be a matter of time.