shorter stratagy as descibed by charlie aitken, page-2

Yup - indeedy..! THAT is how it's done - and executed via the bots. That is exactly what happened to LYC yesterday, even down to the "rumourtrage" of the headlines on the Dow, and in this morning's media (eg The Australian).

What started as "Has not YET been issued a license" then morphed by leaving out the word "yet" into

"Has not been issued with a license".

This was interpreted by many, including the dumb media, as "Were REFUSED a license".

The meaning changed completely. I called Lynas this morning to make this point, and that the "clarification that they put out yesterday" really didn't clarify anything. They should have pointed out in CAPITAL LETTERS the difference between being REFUSED a license and NOT YET being issued with one.

But for the shorters - damn their little cotton socks - it did the trick. Big money made in a very short time (pardon the pun).

I've said it before and I'll say it again - shorting should be banned completely - it is a contrived activity whereby you can sell something you don't own without going to jail.

Just my view, and I'm sticking to it. But rumourtrage raids like the one on LYC yesterday show just how easy it is to take a price down, as opposed to up. Fear and panic outweigh greed, it would seem.....