shorts at it, page-17

greyhoundtrainer; are you kidding me? You expected Lihir to go up today after the Dow was down over the weekend, the overall market is down around 0.7% at the moment, Lihir has been only down 6 of the past 20 trading sessions and is up from a low of $2.60 to $3.14 right now (thus, up 20%) in LESS than a month? And now it has a down day down less than 2%, you are claiming shorters are at it? Did you expect it to rally today on the back of rumours that have failed to surface? Of which, by the way, I have consistently noted in previous Lihir threads over the past week on this forum have been made in the past and failed to eventuate.

I don't mean to be rude, but honestly, be realistic please. If it were down 10% today I would say 'OK maybe he has a point', but less than 2% and now it's shorters? Even if it is, the stock has had a phenomenal run-up and probably over-shot to the upside far too quickly on rumours and not facts; I think some consolidation around this price would be rather healthy and normal for a stock like this before another attempt to head higher.