CXO 0.00% 12.0¢ core lithium ltd

Banter and general comments, page-27385

  1. 2,757 Posts.
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    I am well aware of State Street, but state street aren’t alone last time I looked at it.

    the shorts have a job to do - short shares and make money. That’s not the point - the point is - why are they targeting CXO?

    There has to be a reason. if you watch cartoons with your kids, in Kung Fu Panda, the wise turtle, Oogway says - “There are no mistakes”

    similarly there has to be a reason for the shorts to be in CXO - I just can’t figure the reason. Could it be like SYA - they do a cap raising and the shorts cover their positions via the cap raising? If not cap raising then it comes down to uncertainty of production and run rates - a company that does not advise on production has a revenue problem

    am I negative? Probably - but I hope the market proves me wrong and we go above $1.20 - but that looks very unlikely at this moment - if you want to sell - be my guest!!!
 
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