Lithium Americas Corp LAC

Well

[Moemoney42]

That was certainly a round trip to nowhere.. LOL.. seems the shorters don't want to see this company make headways backed by the Feds.. although the day is not over, I'm shocked at the action if the SA report is true..? 
Maybe that's the problem.. the company has not come out to confirm or deny the report..?

[1condor]

Could be folks were just waiting to sell and took advantage of the pop today...just like the pop to 28 was used as a reason to sell.  Overall there is very little conviction to keep this stock elevated...so lower it will go. Still think we see below 20 on this one. Its still an expensive stock at 23 bucks.

[Moemoney42]

FWIW..?? 11:19 AM EDT, 10/02/2023 (MT Newswires) -- Deutsche Bank on Monday updated its estimates for Lithium Americas Corp. (LAC.TO) ahead of the company's spinout on Tuesday. The bank said its per-share estimated value for spinout company Lithium Argentina is in the range of US$21 to US$22, and US$14 to US$15 for Lithium Americas. Deutsche Bank Updates Estimates For Lithium Americas