LKE 1.89% 5.2¢ lake resources n.l.

Shorters support group, page-74

  1. 8,000 Posts.
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    Shorts nor longs can never always be right, of course.

    Does make me wonder what the short thesis is when over 10% of shares are sold short. That's a significant volume, but more interestingly, they don't appear to be reducing even with the recent SP pump.

    They can definitely be burnt in the short term as currently LKE appears to be at the mercy of traders, rather than any fundamentals. Could go either direction.

    Last edited by Stickshift: 12/08/22
 
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