American Lithium Corp V.LI

Not very good news after hours.

[JoeDirt2021]

I'll be a seller tomorrow it's been an awesome run. Looks like company back in courts to fight to make sure they keep perivian subsidiary. 10 mil short on the deal too.  Did the shorts have an idea on what's going on here ? Good Luck tomorrow but this thing is going to come back down around 4 bucks. Stocks go up and then go down. Be careful here. It's ok to take profits. But I'm locking in now. Good luck fighting the Goverment.

[AhSocks77]

This post has been removed in accordance with Community Policy

[cyber37]

It should not be that bad.....plus with 10 million shorts can you imagine if this goes the other way; wowo....massive short squizzzzzze!!!

[neosceptic]

Peruvian subsidiary is not at risk. Only 32 out of 151 consessions are at question. Also, Li already won ruling against the government, it is fighting the appeal which always have better chances than initial fight. Risk does exist, but much more limited than shorts perceive. S/p go down on appeal prospect, but will be back even stronger if company will close this chapter. Again, we are talking

[JoeDirt2021]

Huge win here but all lithium stocks are over bought. Needs to cool off some here. A healthy pull back is not always a bad thing. 1.2 billion market cap. Come on now lol 

[JoeDirt2021]

Down she goes.  Overvalued here.  4-4.50 more like it