LYC 1.01% $6.99 lynas rare earths limited

short squeeze underway ?, page-27

  1. 17,233 Posts.
    lightbulb Created with Sketch. 954
    I do wonder why longs on this stock get concerned about the shorts and their covering timeframe?

    From well over $2 to now under 50c, the evidence is quite compelling as to who should be the more concerned imo.

    If you think an election result will change the mojo for this stock then I feel you may be again disheartened to know it wont make any to very little difference imo.

    Proven sales less costs = return is all that matters now along with REE prices going forward.

    The longer the sales take, the more cash burn, the harder for the SP to move up.

    With the boss coming out with the 2-3 months for even the test product to get a tick, I feel it could be a while yet before any product is in fact sold.

    In my opinion.

 
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