RE:RE:Frontier…. It doesn't look that bad for the rest of the pack when looking at the bigger picture - Year to date performance (6m):
CRE: -16%
PMET: +760%
FL: +50%
SGML: +55%
LAC: -35%
RCK: -30%
If you look at the 1-year performance is even worse (even LAC is RCK are up, CRE of course same)
So if LI is for some correction, and all have to collapse, our peers will just give up the gains for the year.
Our little pony here on the other hand will give all investors nice red all over the place as it will go under a dollar. I was averaging up recently, so even after 5 years, I’ll end up in the red too.
Really hope they publish PH2 study and updated PH1 this month and as soon as we hit $2.5/share, I'll trim significantly my position as don't like the management anymore and don't trust them that they will not dilute the sh*t out of us, existing shareholders.