RE:RE:Down another 5%Moemoney42 wrote: MightyPoPo wrote: What the heck is going on? Tax loss selling? Some not liking the Arena deal? Concerns about Thacker Pass? Would like to add some more but not liking the direction this stock is going.
The weakness appears to be sector wide and I don't think its LAC specific.. even the existing producers with great returns are selling off.. tax loss selling could be part of the weakness..?? There's a number of soon to be released details for LAC which could be playing havoc as well.. being a betting man.. I'd be rather compelled to add here.. that's just my opinion.. not to be taken as investing advice.. ;-)
Agree with you Moe. It is tax loss season, combined with low trading volume. Stock prices always take a hit in December. The New Year will bring heavier volume and rebound in sp. It truly is a good time to add at these prices!! GLTA