LTR 5.46% 96.5¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-26

  1. 357 Posts.
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    As always, thanks @anatol for your great posts!

    https://hotcopper.com.au/data/attachments/4982/4982660-789aa88578351df6f3a49026beaf0617.jpg


    I have sold many of my CUV shares in favor of LTR, but am still respectable invested in CUV.
    Now my two largest investments are the two most likely candidates for a short squeeze according to Fintel....

    As for LTR:
    The short sellers, if they then have a shred of sense (which I doubt), should keep several risk factors in mind!The well-known already posted several times:
    - Buldania results
    - Increasing lithium demand in battery grade/decreasing supply.
    - possible TO offers anytime
    - steadily decreasing number of "weak hands", because more and more holders have become aware of the true value of LTR
    - steadily increasing number of newcomers (see @Scarpa etc.), who have waited on the sidelines until now
    - further short attacks are increasingly coming to nothing
    - the clock is working against them, day X until production is getting closer and closer

    Furthermore, I would also like to note that it is possible at any time that TG or a large investor strikes...
    Also, not all short sellers are friends with each other. The smarter ones among them, who have shorted between $1.80-$2.20, could decide to cash out at any time...
    And then they also have to meet their lending deadlines....
    If I were a short seller, I would have sleepless nights with regular panic attacks!
    But what do I know?
    I would have preferred LTR to have had a justified and regular SP increase until production.
    But now I'm waiting for the inevitable day/week/month where our SP shoots disproportionately through the roof!
    This could be quite a bloodbath....
 
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Last
96.5¢
Change
0.050(5.46%)
Mkt cap ! $2.340B
Open High Low Value Volume
92.0¢ 98.0¢ 92.0¢ $15.00M 15.73M

Buyers (Bids)

No. Vol. Price($)
6 148095 96.0¢
 

Sellers (Offers)

Price($) Vol. No.
96.5¢ 275693 4
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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