LTR

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78.5¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-2769

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wazzie2

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04/10/23

12:33

Post #: 70166818
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Originally posted by Kikker1959: ↑

I tried to explain this yesterday and to me its a very straight forward, but a nasty play. She has tipped Investment houses on the shoulder and they lend their shares to shorting divisions within these investment houses. They set around the table and she "promised" to block ALB buy of $3 and told them, if you short I will buy all the shares up to $3. Once DD is finished for ALB, and the next step is played ALB will retract their offer or I block it. She will stick to that promise as no other investment house will do future business with her if she breaks it. The price will very likely fall and you Mr shorter will make your profit. I Gina will scoop up to what I can at a lower price. To me that is the play. There is no other way you can buy a billion dollars of shares and not push it over $3. This logic is backed up by the fact that the shorters % has increased dramatically over the last few weeks. In the long term, nothing will change, we go mining and the shareprice will fight its way up as soon as we get closer to production and the global LIT market turns. The further play is that if ALB goes home and the price SP hovers around the $2.50 or so, Gina can maker her own take over play for $3.
To make this scheming play blow up in a major way is to have a third player come onto the scene. I am sure that she has sounded out local players such as RIO, FMG and WES, but she has no control over foreign players, such as Tesla, LG, Glencore and others. If one of these comes to the table we are looking at $4+ as you experiencing a short squeeze seldom seen AIMO!!!

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If you believe your scenario - why have you got a buy sentiment on the stock....surely it would be hold or sell, and you would wait for the lower price to eventuate....$2.50 or wherever it "implodes" too?

LTR Price at posting: $2.97 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 78.5¢		Change 0.060(8.28%)		Mkt cap ! $1.903B

Open	High	Low	Value	Volume
76.5¢	79.5¢	74.5¢	$19.01M	24.50M

Buyers (Bids)

No.	Vol.	Price($)
7	46043	78.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.0¢	62337	7

View Market Depth

No.	Vol.	Price($)
5	32523	0.780
5	40582	0.775
8	111497	0.770
2	70000	0.765
6	87400	0.760

Price($)	Vol.	No.
0.790	62337	7
0.795	85840	7
0.800	242214	17
0.805	51233	2
0.810	99729	7

Last trade - 16.10pm 27/09/2024 (20 minute delay)

LTR (ASX) Chart

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-2769

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LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-2769

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Sellers (Offers)

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