Lithium Americas Corp (LAAC)

[jbsliverer]

I'm on the other team man. IMO, if I told him not to buy the reserves that LAC is bidding on, I would look stupid (not that the CEO would listen to me anyway) My expectations of when good revenue will be coming in and the corresponding pps is probably not the same as yours. Cramer is just another shill as far as I'm concerned, off and on in the past 10 yrs I've made more betting against him, he is just noise to me now that I tune out. But that's just me, people can follow him to their heart's content.

As I said before, a lot of gaps in a lot of different places will take a major correction to fill, not having so much to do with any individual co., but with the general irrational exuberance of the market and delayed effects of the Covid Wars. Also, recently in the past year, there has been more and more gaps that NEVER fill and won't. Gaps don't have to fill, depends a bit on what caused them (look into differences of kinds of gaps), but has been especially true in the last yr (seems like some of the gap rules have changed a little).

What degree of correction that we're looking at is anybody's guess. And of course exactly when. One can sell LAC at this level and probably take profit unless they were trading on the wrong side or not trading at all and just pulled the trigger too soon on their position. If one doesn't agree with the direction that LAC is taking, I would suggest that to find something else that is a better fit for them.

But I'm staying in, and probably getting heavier with any correction. I would reevaluate if any land deal DOESN'T turn out, and they only stay with what LAC has now.