Friday, April 13, 2018 1:49:23 PM
And while you're at it, put a C note on the red for me.
I prefer investing.
BTW, if that's supposed to be an LAC chart (as opposed to one of your JPM charts), then why not show LAC UP 6.55% over the last 5 days, UP 54.50 % over the past year, UP 104.81% over the past 3 years, and UP 601.33% over the past 5 years? Or doesn't that fit your short narrative?
I can't believe that, apparently, you haven't figured out that LAC does not turn a profit - yet - and profits are what the Street cares about and make consistent PPS gains possible. In order to do that, LAC has to produce and sell Li, an event which is coming soon. Until then, it is a developmental stage company, in a developmental stage sector, with a huge upside (based upon easily available DD, which for reasons unknown, you eschew). Simply put, this stock is, on a short term basis, volatile and high risk. However, on a long term basis, IMHO it's a gem and has already made a lot of us a lot of money, even without ever turning a profit. This scenario is obvious to most, and your charts aren't needed to show it. So, unless you can provide a chart with trading parameters for folks to trade in and out (if they so choose; I used to do that, but don't any longer because there are too many variables now), as the SP is moving up (which you have never done), then your charts are useless.
And btw, did you really suggest that people should sell at a loss in your recent post? Why would anyone want to do that - lock in a loss by selling when the SP is low - with this gem of a stock, having a 5 year profit history and what looks like an even brighter future (according to verifiable DD), showing that a stay-the- course strategy is much more likely to produce a nice nickel?
Here's another Warren Buffett quote that's right on point:
"Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient."
GLTA! LAC Longggggg!!
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