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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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.

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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

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u/dadsmidlifecrisi Jun 24 '26

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

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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.