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Message: Re: Quiet

Dec 01, 2023 09:01AM

Dec 05, 2023 03:29AM

Cal
Dec 05, 2023 10:18AM

If you recall, I was saying all the time that the EV revolution may as well be over around 2025.

Unfortunately, it came bit earlier than that and I fell for the "value trap" around the split, like many on this forum.

Technically, LAAC is still well above their production costs and should they manage to ramp production to promised level, then there is no reason for the share to go up a bit. Maybe even to $10/share, assuming that riots in Argentina will not burn the site down.

But I have no mercy with LAC. That share is not going to move anywhere. My only hope is to survie till they the the grand. That may boost the share price a bit and that will likely be the end of my owneship. For next 3 years, it will hang around current level, so I can buy it later, near production.

Not exactly as I wanted, but the prospect of $30/share has made me blind to the obvious and this is the price I should pay for my own stupidity. Cheers.


Cal
Dec 05, 2023 02:40PM

Dec 06, 2023 02:13AM

Dec 06, 2023 06:25AM
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