Shorts want to make money not drive down the stock. Just like you believe the stock will go up they believe it will go down. There were 18.9 M shorts on April 12 the day of Q report 24.6 M to day 5.7 M new shorts. Now look at how many shares traded during that period and explain to all why that would have an impact on SP
REMX which is a fund of 20 new energy stocks is down more than Lynas.
MP which announced ground breaking on there new plant in Texas is down far more. than Lynas.
Tesla which was the darling of the green stocks announced a great Q and immediately started down. 1064 to 877 to day, less than a week.
Stop blaming what is convenient. Take a look at world around you and figure out what is going on.
JMO We are heading into a Recession that will be painful to Lynas holders. Any investor who has been investing for 20 or less years is going to be shocked at what happens. Most investors that have been investing for more than 30 years will make money during this time.
Technical, page-998
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Last
$6.92 |
Change
-0.020(0.29%) |
Mkt cap ! $6.468B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.97 | $6.87 | $16.72M | 2.418M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5820 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 15020 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |