Livent Corp (LTHM)

[TradingCharts]

I should have read paragraph 2 before posting last post, LMFAO.

It is good news for the shorts not longs. Tomorrow will be brutal.

Compared to earlier guidance, fourth quarter performance was negatively impacted by lower than forecasted realized pricing and by reduced lithium hydroxide volumes due to delayed customer orders.

Lower pricing is expected to continue through 2020, with average realized price for lithium hydroxide in 2020 anticipated to be low-to-mid-teens percent lower than 2019. Livent maintains its prior 2020 volume outlook and plans to purchase up to 7,000 MT of third-party lithium carbonate to support these higher hydroxide sales volumes. Based upon the anticipated lower expected average realized price and the incremental cost of consuming third-party lithium carbonate versus Livent-produced carbonate from Argentina, the Company expects 2020 Adjusted EBITDA to be lower than 2019.
https://ih.advfn.com/stock-market/NYSE/livent-LTHM/stock-news/81482208/livent-provides-revised-2019-guidance-and-addition