Investing.com - Financial Markets Worldwide
🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

Lithium Americas Corp (LAC)

Toronto
Symbol
Exchange
Currency
LACNYSEUSD
LACCBOE CanadaCAD
LACTorontoCAD
WUCGTradeGateEUR
LACmBuenos AiresARS
Currency in CAD
4.70
-0.07(-1.47%)
Closed

LAC Comments

Ask yourself would Trump want the world running on chinas lithium or americas lithium. The size of the find. The govt loan! Not gift. This thing should be in every portfolio for years to come.
Esto se va a la luna https://www.investing.com/news/stock-market-news/earnings-call-nacco-industries-reports-strong-q3-2024-turnaround-93CH-3698627
DOE news is bring recycled from March 2024. It was shorted heavily immediately following announcement in March. Have no position, but it will be interesting to watch. Expecting top around $5.70. Market close today was 4.13. 4.72 after hours. Oct 28 2024.
pro badge
Shorted 5100 shares last Wed. This puppy going lower.
OOPS!
lol
👍👍🤣🤣🤑🤑🖕🏿👍👍
keep pushing the trump propaganda that he's going to be bad for this stock! more for me :)
New analyst ratings on LAC: Sell                       0 Underperform    0 Hold                     4 (0) Outperform          6 (+1) Buy                        2 (0) Note Well; Bottomed at $2.49.
if Trump gets elected lac will go down further.
Two weeks later...you still think that?
pro badge
buying
Be sure to dollar cost average. Even though you think it’s the bottom this could easily go down to one dollar especially with the election coming up.
pro badge
I have purchased 714K shares this week
why ? this company seems to be loosing money and seems they dont operare... like a ghost company
saw their videos.. they see not producing yet.. they havent build their factories..
lowest price in years, the lithium deposits at thacker pass are in clay, not hard Rock (more expensive to mine) or concentrated brine pools ( you gotta wait 8 months to 2 years for battery grade lithium) new process should extract the lithium in 24 hours. once up and running in a couple years will be a money maker. buy now
Heading to $2.5 seemingly… surprised that the share offering action flipped everything 180 degrees and the bullish setup vanished
pro badge
Lithium is not a comodity any more, its a chemical with abubdunt supply, so it will stay low forver
Yeh, staying low at $50/pound.  Copper is 1/10 of that price.  However, you are correct about it not being a commodity...it's more like a precious metal.  LAC will end up at more than 10 times its current price.
Very close to buy point.
Did you make any profit a couple months back or are you still holding. I sold at $7, but you seemed to be holding. My opinion of lithium has changed dramatically. Realizing how heavy the electrical vehicles are, and the grossly unprofitable market of solar and solar energy storage has changed my opinion. If we get a Republican in the White House, then this green agenda will be hugely decimated. It seems nuclear energy is the true green agenda that is bipartisan. SMR is a great ticker to watch. Natural gas will remain strong over next 20 years as well.
Yeh, I did make some...now however the market is looking at the election and thinking this whole thing will implode if Biden doesn't get elected.  That is NOT how I see it but hey, time will tell.
pro badge
I bought 410K shares, I hope its not a bad investment for 2030s
Albemarle is a more solid imo
Green agenda not profitable. Possibly extinct in next 10 years. Careful
I agree the green agenda is a scam... but not shure is lithium will be abandoned, sodium is a much better alternative of what I read
can't believes its trading around $3
For future reference, you posted this when it was trading at $3.90. Please keep such posts accurate as future retail traders may not check for accuracy. May 24 2024
Heading to $3, bulls are giving up their defense of the $4 line
pro badge
bought 430K shares
Hope you are prepared for volatility. $3 not out of the question.
is time to buy ?
SEVERELY mismanaged company...best the can do is a raise at 30% discount...thieves
Unreal. Hard to understand how this is necessary after the huge loan approval from the government this past month. Seems like collusion with short sellers.
pro badge
Mega discount...
know why large volume? institution dump?
nevermind, saw the share offering/dilution...typical.
pro badge
Good news 2day
Indeed, $2.25 Billion should help to speed up production.
Well guys, this is already above my buy price :-) Also, if you know anything about Elliott Wave, this is clearly going to be a 5 wave, wave 1.  After that peaks somewhere above $6, we should get a wave 2 retrace.  After that it is all UP.  Again, Good Luck All.
What is your target? How long are you planning on holding?
ACM, I have Jan 2026 Calls.  As to when I exercise those will depend on the pattern. As to the regular share investment, I will likely have a serious of buy/sell/buy/sells during that same time period.  WAve 1 went from 382 to 593 for 211 pts.  Expect wave 3 to go a minimum of 140% of that.  Likely more.
Appreciate your feedback. I am holding shares but in the past I was all about leap calls on many tickers. What other tickers are you holding? Or watching with the intent of buying?
Here's another excellent article by the CyberGuy: https://www.foxnews.com/tech/teslas-electric-semi-truck-takes-on-a-diesel-big-rig However, unless Elon Musk adds battery heating, this rig is as worthless as the EV cars.
OK, let's talk about an expanded use of Lithium beyond EV batteries.  I mentioned this before, but now we should consider the Electric Grid.  However, before we get started, let's acknowledge that the U.S. as well as the European plans for "the Green Energy Deal" are total crap.  As is the IPCC report.  All of these are a bunch of HOOEY to put it mildly.  Nevertheless, they all have the same effect as government subsidies...they all drive the technology.  And folks, that's actually a good thing.  Of course, the ridiculous amounts of money they are spending on all the carbon nonsense is completely and utterly stupid and wasteful as hell.  But, again as I said, all the 'bull' and the subsidies does, in fact, help to drive the technology. :-)
As a result, the technology continues to improve.  Here is an article that is well worth the read.  It tells you how the current idiocy of photovoltaic panels, windmills (as well as EV's) can only be made possible with the use of energy storage capacity.  This is exactly what I noted earlier.  If this comes to pass...the impact on Lithium batteries would be astronomical.  Since there is no other way to make these 'renewable' energy sources useful, I personally see this as "likely". https://getpocket.com/explore/item/the-story-of-cheaper-batteries-from-smartphones-to-teslas?utm_source=pocket-newtab-en-us
This past week the price of Lithium went from 99,500 to 108,500.  Lookin' good.
I'd like to expand on the topic of Lithium... As stated earlier, the incredible ignorance of today's college grads with all their "Woke" ideologies is truly beyond imagination.  That's all due to the fact that they never learned to think for themselves.  Classic example is their utter and total surprise that Cars running on Lithium Batteries stopped working when temperatures dropped below freezing.  DAAAH. The same will happen with their belief in the "Green New Deal".  Anyone with a brain can see that governments' planning is completely ridiculous.  It is just as impossible as Lithium Batteries working in subfreezing temperatures.  The sudden drop in the price of Lithium is a direct result of that incredible stupidity.
Note Well, that Albemarle, the largest producer of Lithium in the world recently lowered their forecast for 2030 from 3.7 million tons to 3.3 million tons.  They stated that is due to delays by automakers in introducing electric vehicles to Western markets.  They also indicated the same would be true for certain regions in Europe.  Of course, that reduced forecast STILL means that the demand for 2030 is 3.3 million tons!!!  Further, the drop in price of Lithium of around 75% over the past year is "unsustainable".   Yes folks, Albemarle knows what they are talking about, with one exception...It is NOT simply the delay by auto manufacturers, it is also the delay by consumers who do not want vehicles that don't run in cold weather.
I'd like to make a couple of points: One, while the "Green New Deal" is utterly ridiculous in the rate of planning, I will also tell you that there will always be a demand for renewable energy.  Once these ignorant people figure out the stupidity of their plan, they will THEN begin to realize that the only solution is energy storage.  That demand could well dwarf the demand for Lithium by EV's.  Time will tell. Two, If not already, auto manufacturers will soon realize that they must heat the Lithium batteries not only for basic functionality in cold weather...it is also necessary (and cost effective) to maintain capacity that impacts the range of those vehicles.  That, along with cost efficiency, will once again return demand for EV's.   Regardless, the real issue for Lithium Investors is the fact that the current price of Lithium is "unsustainable". Good Luck All.
While there are certainly challenges with lithium batteries in cold temperatures, advancements in technology and consumer demand may drive solutions. The shift towards renewable energy and the need for energy storage could indeed reshape the market dynamics. It'll be interesting to see how these factors play out in the coming years.
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.