Selling 2/3 LTHM

 

Ref: this post from August 2019: "Buying LTHM".

 

Now, nearly 15 months later, electric vehicles are in a frothing mania, with even some total scam stocks in the sector going parabolic so it's likely near the end of this mania.  

 

Stocks in general are extremely overvalued. 

 

LTHM (Livent Corp.), which closed today at $15.43, is up 149% from our entry and we're booking the profit on 2/3 of the position which makes the rest of it essentially free of cost.

We'll ride the rest of it for the longer term, or as long as we can stand to maintain any long exposure if overall markets continue to skyrocket.

 

 

 

 



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