lpd share price, page-2488

If your buy and sell decisions are based on the stacking of the market depth then you're always going to be buying and selling at the same time as everyone else. Not saying you can't make money from that, just saying its going to be awfully difficult.

If you're trading in and out, you definitely want something more advanced than that to decide when to buy and sell. Even just learning about momentum trading would be better than looking at the market depth.

If you're investing and worried about the share price going down, the only thing I can suggest is to stop looking. You have to make an assessment about whether you think the company is able to deliver on its targets and act accordingly.

One possibility is that the jump up in February and after was in anticipation of the FS being released and movement there. I thought it was in anticipation of the pilot plant, but that clearly isn't the case.

I've confirmed that the FS is still on track for delivery in March, so it's probably a few months until we see buying again. The LOH-Max run might generate some interest, but I suspect the real kick from that won't happen until it delivers qualification of material and an offtake agreement. That won't be until December at the absolute earliest.

My guess is there is professional money that needs to earn a return in that time to justify its existence (nobody wants a fund manager who isn't delivering). Add in some general negativity in the lithium world and they're slowly selling out each day, and there's no rush of buyers to take up the orders. Price falls.

So that presents you with a choice:
If you really believe the company are going to deliver, then you can sit back and see how low it goes, gobbling up some shares along the way or waiting to try and pick the bottom.
If you've got your fill already, as many of us do, then the best bet is to probably pick up a book or find another hobby, because that will be more productive than staring at the screen and wishing to see green.
If you think you can time the market, you can sell now and hope to get back in cheaper in a few months. Might work, might blow up in your face.
If you think the market is 100% correct all of the time and perfectly forecasts value, then sell out because you have to infer from a falling share price that the company will never succeed.

Tl;dr - Yep, share price falling sucks. It's either an opportunity for success or disaster, but you can't infer either just because the price is dropping.

Cheers