As of a week ago there were 8.6m shares short on VUL. I wonder...

As of a week ago there were 8.6m shares short on VUL. I wonder how many, if any, have covered with this continued pressure upward. It is quite possible they have continued to increase their shorting positions; much like people who continuously averaging down when the news just continues to get more and more dire.

It honestly amuses me seeing shorters get burned. I do not know about anyone else but here’s some amusement for those who care:
15th Jan the share price was $2.15 with 7.078m shares shorted. By march 8th the share price was $2.68 with shorts increasing to 8.645m. These shorters are gambling at this point - it feels like someone knows something and the shorts are blindly ignoring this and simply doubling down believing the lithium market is doomed. Unfortunately for these short sellers Vulcan is not your typical play on Lithium. If I were a betting man I would not be betting on the quiet bloke standing in the corner surveying the opponents when it comes to his turn stepping into the ring. Vulcan is that quiet bloke.

Best of luck ladies and gents. I am still of the belief this will be a $5b company in the near future, it will just take a little time. It has NST vibes about it and I was right investing in them when they were a baby also. Savvy management is hard to come by. The management team is a massive part to building wealth and Francis and co know this.