I am of two minds. Obviously I am happy that$Lithium Americas Corp.(LAC)$ flies while lithium price is coming under pressure. Just look at the shares price performance of lithium giants such as$Albemarle(ALB)$ . As I said, I am happy the share price flies, but I have sold a call option at $7.50, which might be called away. At the same time, I would have pocketed a tidy profit if it does, so I guess it is alright. Not every day we get a TIP trade. This is already my second TIP trade. The first being $MP Materials Corp.(MP)$ . I missed out a third one when I sold$Intel(INTC)$ before the TIP trade happened! [Facepalm] [Spurting]
All good... I will just my thing... who knows ? I might have a few more TIP trades on the way while I type away... why TIP? Because Donald Trump has just sent some money 💰 my way for my trouble [Chuckle] [Evil]
Do you have a way to identify a TIP trade too? So far, what I had gathered was mid to the smallish size corporates that needs money and are very important to US 🇺🇸 government. That is why I had picked MP for rare earth and LAC for lithium. Intel is not supposed to fit the profile, but it is too important for US government's agenda. It was also desperate in its process of reinventing itself, thus falling into this category. Both Apple 🍎 and Tesla are simply too big, so although they benefit greatly from the actions of US government, their shares prices won't be as affected (given their sizes).
@Daily_Discussion @TigerStars @Tiger_comments @CaptainTiger
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- Valerie Archibald·10-01TOPit will probably go up a dollar like it did last time a week ago. 8.50 max. I wouldn't get to excited about this stock. It will dip back down to 5-6 bucks again.LikeReport
- Enid Bertha·10-01TOPFrom at least 2021 to the present LAC hasn't sold an ounce of lithium. It's not for me, I like companies that sell stuff and make money.LikeReport
- JackQuant·10-03Thanks for ur sharing!LikeReport
