That’s a nice, warm and fuzzy post about shorting and how shorting stocks is for the greater good but like I said before, Its also a mechanism that can be used to manipulate a SP down for an agenda! A cheap takeover, manipulate the market to believe there is something wrong when there isn’t the list goes on...
Most of the time It is not natural market forces that bring a SP down, its manipulated down!
How can our sp be at 80c now when we are so far advanced then we were 4 months ago on top of our off take deals including Great Wall and now a POSCO LOM deal?
Logic needs to prevail here, fluff it up all you like about shorting (no offence) but PLS is not some two bit exploration company in the Congo. You just need to read the company forecasts on revenue and where we are situated on the cost curve for OPEX (one of the lowest cost producers in the world) for our high grade battery lithium to see our sp is being manipulated!
HotCopper & The Market Online will be live From the Floor at the Mining News Select Conference and we want to bring the voice of our online audience to the show with us.
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