Lithium Americas Corp (LAC)

[tikotiko]

I am with you. My time horizon is 2-3 years, but I will take some profits if I see earlier opportunities. My wish for all my lithium companies would be to do very well (bags) within 2-3 years, take major profits, but to always leave some ifunds in my best solid producers for my kids. LAC should fit that profile, but we will need to wait and see...

I made the mistake of falling for the RS hype in the $9s. Luckily, my initial investment was small, and I have been able to lower my average by gradually increasing my buying in the dips, if we can call them that with the downtrend. I am currently in the high $5s, but may be able to get to just below $5 if the stock falls below $4 and I buy a bigger batch than usual. If not, my average will probably be in the mid $5s, which still puts me in the red but not too far from making a profit if the stock rebounds.

I sure hope for a prompt resolution of the supply vs. demand and price debates. The sector needs a clearer direction.