LYC 0.30% $6.76 lynas rare earths limited

short covering, page-16

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    Just a reminder,

    "buy on rummer... sell on fact"

    not only that but....

    If you are an institutional shorter, you have SO many shares at your disposal you can be as illogical as you like, for as long as you like. If you need the price to drop... just sell more...until YOU are ready, not the market, to release the price. If you work in co-operation with other large shorters you can push the market where you want. Shorter know there is upward SP pressure, so it guarantees them direction. It is when you don't know which way it will move that you have risk. How many of the shorter's shares are being sold to themselves. Net result SP drop, shake out the worried and pick up some more. Shorters have pushed the intercept of TA and FA from short term to medium term, which can have an impact on the performance of a company.... wake up time ASIC
 
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$6.76
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$6.76 $6.81 $6.72 $16.83M 2.487M

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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
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