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PASBOZ

5,919 Posts.

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29/03/22

15:31

Post #: 60495398
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Originally posted by Chillaxed ↑

New Short Positions have been around 7 million to 8 million each day last few days except yesterday where just under 4 million new positions were opened. It would seem to me that these new positions are being thrown on the sell in the first hour each day trying to dampen buying enthusiasm with the combination of fake 500k cap sells further up the queue.

Now with 250mil shares taken out of the free float of liquid stock by the index funds...there is less stock for the shorters to influence into selling....so the doubling down they have been doing the last week will eventually hurt them more imo.

If there was to be a FA catalyst announcement or more....then that will create a big problem for the shorters as there is not as much liquid stock for them to buy to cover and they would be forced to buy what they can and in effect contribute to or create their own short squeeze

They havent closed out the 85mil as of 23 March and the volume since doesnt seem to indicate its closed out yet....so somethings gotta give soon

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If there was to be a FA catalyst announcement or more....then that will create a big problem for the shorters as there is not as much
When confirmation of a battery cell Giga plant for Katanga is released / hopefully CATL involvement will be interesting how shorts view it.
Some still think that AVZ Minerals is land locked.
ALL IMO

AVZ Price at posting: $1.19 Sentiment: Buy Disclosure: Held
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Running discussion on SP, page-67442

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