Re: LAC files for Mixed Shelf offering of $750 mln
in response to
by
posted on
Oct 06, 2023 02:55PM
rkeeb: "it's the perception right now" "The flexibility LAC will have in terms of the nature of the securities they can offer through this is impressive."
And it probably was a precondition, rkeeb.
Perception is everything in the short run, so the initial impact might be more staganation but I share the optimisim of others here on this message board that there is, at least a potential, for a spike in the share price when the news of a DOE Loan approval is announced.... in spite of the fact that for the last year or more "Good News" for LAC has been bad news for LAC investors.
The old saw: "Fool me once, shame on you. Fool me twice, shame on me" comes to mind. We have been fooled more than once, more than twice, more than "x" (fill in the amount), by LAC "Good News".
Knowing that history of Good News means bad share price development, it would seem uncomprehensible that now I anticipate approval of the DOE Loan request will be anything different from that too frequent sequence we have experienced for so long.
But, I actually believe that "this time it will be different".
I truly hope I don't have to eat those words of positive expectation.... "this time".
Still vertical, for now.
Okiedo