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Message: Re: C-O.
1
Cal
Apr 19, 2021 09:32AM
1
Apr 20, 2021 10:58AM
1
Cal
Apr 20, 2021 01:43PM

This drop is being felt pretty much across the board with Lithium stocks. ALB down 6.5%, PLL down almost 4.5%, Livent down almost 9%!

This may be a little off-topic but according to Yahoo finance, the number of S&P 500 company insiders selling in early 2021 is the highest it's been in over 16 years. Perhaps this is just healthy profit taking from the record highs the market has seen recently. 

Perhaps there is also some realization that covid and it's impact will linger a little longer than initially planned, factoring in slow vacine rollouts in some countries along with the surging variants, and in LACs particular case this could affect construction goals for both projects potentially (especially Argentina). 

I am looking at this drop (and possible continued drop) as another opportunity to get LAC at a great price before the strat partner is announced, and all permits issued.

 

 

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