No rut. The bottom was 3/28 at a low of $4.74. LAC has been trending upwards ever since. At the time of this post LAC was up 15%ish from its low in March. We just have to hold the fort down until the market figures out how to deal with the transition to electric storage. In the end, most of us will have inexpensive solar at our residence because it will be cheaper that paying the electric company, and most of our vehicles will have electric drive of some kind whether it be hybrid or full electric. Where there is solar (or DC power generation of any kind) batteries are required.
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