Bullboard - Stock Discussion Forum Lithium Americas Corp T.LAC

Alternate Symbol(s): LAC

Lithium Americas Corp. is a lithium resource company. The Company is focused on advancing Thacker Pass to production. The Company owns 100% of the Thacker Pass project, which is located in Humboldt County in northern Nevada, through its wholly owned subsidiary, Lithium Nevada Corp. Thacker Pass is situated at the southern end of the McDermitt Caldera, approximately 60 miles (100 kilometers... see more

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Lithium Americas Corp > I guess THEY want to short it down to $1US

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Post by liljohnnyjoke on Jun 11, 2024 12:45pm

I guess THEY want to short it down to $1US

it appears as though one of the lead underwriters of the low ball financing that went south and well known for shorting companies to near oblivion now looks to make money by shorting it down to a buck before covering.And once they have control of a huge number of shares then run it up to $10 for a ten bagger. These big wall street firms don't "invest" as they profess, its all about control of shares to make money by either running the share price up or down with them firmly in control to decide which. Share price down now 40-50% in about a month for no reason other than that.

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