LTR 2.60% 98.5¢ liontown resources limited

No Offer Forthcoming IMO, page-70

  1. vmp
    13,219 Posts.
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    Weekend Ltr investing thoughts, not financial advice


    1) Only invest in what you understand (if you don’t understand the comments, don’t invest your time responding or listening to them; if you understand the ltr opportunity, stay invested)


    2) you only need one or two stocks every decade or in your entire life to make it. Don’t keep jumping between opportunities or buying and selling every day with attention span that of a fish, you only enrich the trading platforms. Make an effort to master the company opportunity. Those who mastered Ltr since 2 cents have made 150 baggers at $3 exit, and those who haven’t sold are still up 59 baggers today and possibly even much, much more tomorrow. Time will tell.

    3) don’t listen to analysts. They have no clue, you already know that by heart. Even the governor of the RBA cannot predict the interest rates in 1 or 2 years. No analyst can predict the price of lithium. So dyor and make own conclusions, and take action. Don’t miss it.


    4) macro and micro events are ongoing. If you’d base your investment on these, you’ll be worrying every minute and every day based on barrage of bad news you read. Recipe for anxiety and depression.


    5) be financially literate, at least understand the basic concepts such as mcaps, eps, P/E ratio, cash flow, debt/equity, mining life cycle, and risks and rewards of an investment.

    6) finally, don’t lose lose all your money. Perhaps invest only a portion and if you’d lose it, you’ll have 2 or more chances remaining. You only need a small amount to make big in speculative stocks like Ltr, wa1, and Rdn and azs if you’d do your home work to find at least one big winner.



    all the best to all including the brilliant shorters who are probably sweating to shed excess fats. Don’t sweat the little stuff. No offer forthcoming some say, an offer is imminent say others.


    Don’t just listen. dyor not financial advice
    Last edited by vmp: 17/02/24
 
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Last
98.5¢
Change
0.025(2.60%)
Mkt cap ! $2.388B
Open High Low Value Volume
98.0¢ $1.01 97.5¢ $10.26M 10.38M

Buyers (Bids)

No. Vol. Price($)
5 97045 97.5¢
 

Sellers (Offers)

Price($) Vol. No.
98.5¢ 8000 1
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Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
LTR (ASX) Chart
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