Post by
cyber37 on Mar 29, 2021 12:23pm
Still buying??
Wonder if lithium is just ‘out of fashion’ or this slide in share price is more specific to American Lithium (LI). I think both; the initial rush and prospect of EV industry growing exponentially have subsided and it is time now to ‘show me the beef’. LI must show a tangible plan of moving forward, prove that resource and extraction process to convince shareholders that they are a long term player in this game.
G37
Comment by
flyguy8888 on Mar 29, 2021 2:08pm
The entire stock market has been sliding down for a few weeks. It brings down most of stocks, inclidng LI. LI is still a very good company and it will bounce back when the market turns around. In fact, you shall buy the dip. I bought more at $2.31. It will go back above $4 in a few weeks (or couple months).