Interesting video. LKE probably does not meet the definition of...

Interesting video.

LKE probably does not meet the definition of a 'pump and dump' as described in the video, IMHO. There may not have been an organised ramp that included lies- stand to be corrected.

LKE, I think, is more a vanilla case of multitudes of new retail investors coming into the market with extra money that central banks pumped into the system in 2020/21. The world had what has been called, 'the everything bubble'. Extra retail investors, extra money and boredom during lockdowns.

LKE, like most other stocks, simply had a board that put out optimistic announcements. Boards do that. Retail punters do not have the tools usually to read through announcements and filter out the BS.

Have a look, there were multitudes of stocks that ran hard in 2020/21 and have now lost around 90-99% of value since there ATH. Their ATH values now look ridiculous and, in many cases, LKE included, even their current MVs still look too high.

Lessons? Probably the biggest lessons would be to not let your confidence get higher than your ability, and, do not risk more than you can afford to lose. Something like that.

IMHO DYOR