LTR 4.35% 77.0¢ liontown resources limited

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  1. 1,708 Posts.
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    I was just reading Ronnie’s post you responded to.

    It’s funny how he states: “If we think that if the market is efficient enough, this near term outcome is already a known event and therefore one should consider that its current price would have already factored that…..”

    So Ronnie is suggesting that LTR’s current SP is as it should be because everything that has occurred was already factored in by the market? rolleyes.png

    I seriously doubt that the market could have known, or has efficiently factored in that Liontown was going to get attacked even more by Sh.t Street, on top of all the other leeches already attached.

    Ronnie, if you are reading this, your assessment (the dark italic quote) is totally wrong IMO. I don’t think the market factors in when State Street enters and exits the numerous stocks that they do on an almost weekly basis. The market is not that forward thinking. NO, what is happening to the share price is completely and utterly artificial and created by the relentless shorting attack. Remember the SP was well north of where it is now prior to the Albemarle offers even being known about, and they were nowhere near production at that stage.

    Your analysis is totally flawed IMO.
 
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