Updated Lake Short report from J Capital, page-102

Ask yourself: Why do jcrap feel they need to keep releasing these weekly updates..? If they are so sure & confident LKE/Lilac will fail based on their original research there is no need to keep burning more $ on yet more “research”.

To me it suggests they aren’t confident & need to keep coming up with something/anything & hope it sticks.

Their original research come out when the SP was around 60-70c. Assuming they took position around that time they are currently well under & are paying daily holding costs on already large losses.

Not looking good for their xmas bonuses..