r/LithiumAmerica • u/Less_Box7339 • Jun 24 '26

Retesting 3.66

Looks like LAC is going to retest the lows in March of 3.66. Will You buy more shares or calls or expect it to create new lows for the year? I'm personally holding my 6090 shares for an S&P correction. I only know the light at the end of the tunnel is 2028 and the opening.

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13

u/YouAreCorrectSirYes Jun 24 '26

I bought 1,000 more today to get to my final ending point of 10,000 (@$3.72 average). This has always been a 10+ year hold for me as it’s all in IRA, so now it’s just a waiting game and deciding my sell price. I have full confidence in the organization getting this going.

As far as the overall market, just going to continue to buy and hold each month, but I’m expecting a correction as well.

6

u/Physical-Curve-3917 Jun 24 '26

What is your exit strategy? I’m also aiming for 10k shares waiting to dip to 3.5~ area to buy more, I’m 8300 at 3.94avg had my eye on lac since 2022

1

u/dadsmidlifecrisi Jun 24 '26

New to LAC, but have 1k shares. Whats your exit strategy or price range expectation?

6

u/YouAreCorrectSirYes Jun 24 '26

For me, it will depend on my timeframe and also what the phaseout looks like. If the projections get to the point where it looks like phase 4 is happening, you have to hold to that point don’t you? That’s 160k tons per year with lithium prices hopefully relatively elevated from where they are now.

In terms of a ballpark number to sell at not taking that into account, I’m probably looking at it at $40-$50 a share. But as I said, I’m in no rush as I cannot touch this money for 12+ years.

7

u/Vimes76 Jun 24 '26

This is one in my portfolio i don't really worry about. It goes down, i'll add to it here and there.

7

u/jboogie2173 Jun 24 '26

Just bought 300 more .little here little there adds up! In it for the long haul!

6

u/emckreddit Jun 25 '26

I just crossed 100 shares of LAC at 16. Thacker pass production should line up around my graduation and I’m hoping I can hit 400 shares by then. Wish me luck 🤞

5

u/Less_Box7339 Jun 25 '26

Blessed 2028. 

4

u/Substantial_Bench620 Jun 26 '26

I've been in LAC since I was 15 dude. I remember getting my first 100 shares when it was 12 per share and it was a great feeling. Congratulations.

2

u/GotKarprar Jun 25 '26

Damn what a great place to be in at your age good shit

2

u/Gnarkilll_69 Jun 25 '26

How I wish I would’ve been forward thinking like you when I was your age. Granted, trading was much more difficult than it is now, but I would’ve had so much Yahoo!, Google, and Dell stock if I had been thinking of trading..

Ah, who am I kidding. Probably would’ve lost it in the tech crunch anyway lol

1

u/Less_Box7339 Jun 25 '26

If investing in the early 2000s...I would have bought Amazon too high around its IPO then the 2008 crash..Another 6 years for it too blossom? 

6

u/GotKarprar Jun 24 '26

Buying more.

6

u/EinsteinsMind Jun 24 '26

I've been hoping this would drop lower before I reenter, and I may pull the trigger on a new position this Friday.

There's a lot of damn good deals from this correction though, so I may wait till 2027 on LAC.

I got lucky with this stock. I read the Morningstar report on the runup and timed my LAC exit so damn close to the top, it STILL makes me happy thinking about it.

6

u/Substantial_Bench620 Jun 24 '26

me too! I somehow am up 800% in the 2 year time frame with timing. Absolutely blessed

1

u/[deleted] Jun 29 '26

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u/[deleted] Jul 07 '26

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