Gassing do you read or just post the first thing that's comes to mind?
Shorts are decreasing and the price is not going up what does that tell you? Short answer there is no buying support whys that? Cause lyc is not great value at this level if it was instos hedge funds sophisticated investors would be buying shorters would be caught short and the price would rocket ska rorkes rocket.
I agree shorters can exacerbate price movements up and down but the problems with lyc stem from lyc like the gfc stemmed from people overgearing themselves simple.
today's online the australian - lynas soars, page-46
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Last
$6.30 |
Change
-0.050(0.79%) |
Mkt cap ! $5.888B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.35 | $6.29 | $13.31M | 2.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10973 | $6.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.31 | 14462 | 3 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |