General Discussion Topics, page-106143

Food for thought.

	June Shorts beginning balance	656,640,015
1	June Shorts (as of June 27) ending balance	417,594,323
2	Shorts returned on June 6th after CR disbursement	226,213,633
3	New shorts taken out during the month of June (avg 18c)	156,355,980
4
5

Since June 6th short sellers have been buying shares and using them to hold the share price at bay. They likely were able to unload some of their previous shorts that were barrowed at 21c or 22c, but only really exchanged them for new shares at 18c.As you can see for the 1 month chart after June 6 for all of their efforts they have remained largely flat.



Everything done in June by the shorters was to be able to show a profit for last tax year, everything from this point forward will be how to minimize the tax loss for this year. It will be interesting to see how many of the 100 million shares from yesterday were part of that plan. For each 1c rise in price from 18c the shorts will be losing about 4.3 million (assuming around 430 million shorts still out there).

Inflation numbers are looking good, interest rates are on pause, EV car sales blew the roof off the analysts predictions and that was during the H1 where only 30% of all sales occur, the 2nd half is going to be even better.

We just got through the worst of everything and now with no debt and our first shipment and cash just weeks away, I feel we are getting ready to start fulfilling the numbers we all know are there for us to achieve.

Anyone who did not already listen to the twitter spaces put on by RK equity this morning should take a listen. This was a panel discussion form 5 of the industry leaders who were all at the Fast Markets event in Las Vegas. It is nearly 2 hours long so make sure you have the time to commit to listening but worth the listen.

https://twitter.com/i/spaces/1mnxeRdWMyNKX?s=20