BS
that drop was real.
450c daily move
and at close ended UP at 12.80-12.92
higher than the prior close
This was BIG SHOTS BIG SHORT & it failed miserably.
His shorts at 8-9 he tried to reconnect using low volume ccp accounts & force LONGS to cover to avoid his SHORT losses & the ccp owned LME abetted him in that attempt yet again like they have the last decade.
yet this time, the west yankee & brit traders didnt fall for it & swept it back to where it was & so he is now stuffed again.
With 70kt held SHORT yet only 54kt on LME he will have to cough up $2B cash or lodge the ni stock in lme which he has refused to do.
BIG SHOT is in breach & lme will be forced by margin call to reverse buy his shorts crystalising his losses at us450c per lb.
what is unusual is that the lme allowed this to happen & didnt circuit break but then allowed the retrace 2 hours later as if nothing happened.
UK regulaters will have to seize the LME NI division soon & these SHORTS cashed out for a massive loss.
meaning the SHORT COVERING may rocket UP 450
13 to 18 NP spike soon?
BIG SHOT has run out of options other than going LONG in excess. Either that or Tsingshan is smashed with a massive $12B bill.
NP spike incoming imho.
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Mkt cap ! $14.85M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $14.40K | 3.589M |
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No. | Vol. | Price($) |
---|---|---|
111 | 86680040 | 0.3¢ |
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Price($) | Vol. | No. |
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0.4¢ | 59280 | 1 |
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No. | Vol. | Price($) |
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111 | 86680040 | 0.003 |
37 | 65235769 | 0.002 |
22 | 84792753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 59280 | 1 |
0.005 | 25464958 | 23 |
0.006 | 19044000 | 14 |
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