LTR 2.73% 84.8¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-3676

  1. 24,650 Posts.
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    The latest update is LTR are clearly ahead of 6th spot, by more than one percentage point which equates to a helluva lot of stock, and they're below 4th placed ~one % point away.

    It doesn't appear to me that the shorters are in a hurry to leave anytime soon as all lithium stocks are heavily shorted, the biggies worldwide have undergone production slowdowns, investment in future project cancellations, EV market demand has been decimated, Tesla has more questions to answer... it's in dire straights right now.

    Beware a global slowdown as profit reports disappoint, liquidity dries up, Recession in many countries with the USofA next (they might fiddle the figures) as they're in that well known ditch.


    Last edited by Bunn-Wackett: 24/04/24
 
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