Precisely this, the worst fundamental beaten down stocks have the tendency to run the most!Well done!Yes that is my X Handlewould love to hear more of your analysis for LKE
cheers!
I do understand it is a terrible company fundamentally. I DO agree, I am taking on risk. I do agree I may be 7yrs late to the party...it's my first trade on it
I did well entering SYA last week and sold out today the remainder of my shares for a +$470 Profit and will msot definitely be focusing on Lithium stocks in the short term. LKE is probably the worst of the lot although a few things for me stick out that could push prices higher amongst an extremely negative sentiment stock. They say 3rd time is a charm we have seen BRN, ZIP....can LKE do it? Give some long term holders temporarily relief? I am not a short on this as I see more risk as a short than for a long , so I went longwrong or right, just have a plan in mind
PLS has 3x the Shares on Issue with 632M short or 21.01% of SOI. PLS is also $13.27B in Market Cap
Short squeezes on a stock thats higher priced, larger in market cap and with way more shares on issue DONT have monster moves or 100% upsides
UNLIKE
LKE with 1.3B shares on issue. There are 57M shares short or 4.01% of the total shares on issue
This has far more chances of volatility than a larger capped stock. It requires far less money to push a stock like LKE. I have a few on my hitlist that meets these key metrics for me. Will this pay off like SYA? We will find out
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $66.74M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.8¢ | $118.5K | 3.031M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 740355 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 456549 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 740355 | 0.038 |
7 | 635864 | 0.037 |
13 | 823798 | 0.036 |
19 | 1295954 | 0.035 |
13 | 1353267 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 456549 | 6 |
0.041 | 550000 | 2 |
0.042 | 1348932 | 9 |
0.043 | 778883 | 5 |
0.044 | 637680 | 6 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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LKE (ASX) Chart |