LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-4199

I don't think there is anything specific to LTR in todays action. It happened in int'l markets as well. As @DaisyA said the Korean LG and Samsung also increased very well, especially LG (at very high volume as well).



There must be something strongly positive news related to the US and European EV market that LG makes big gains while CATL takes a small hit at the same time. Both of them battery manufacturers as you know. CATL is the largest with 37% share of whole battery market.

Btw, Tianqi and Ganfeng made small gains in comparison to LG.

LG is our partner. Any good news for LG is being of course a big positive for LTR.

As @DaisyA said again, the shorters tried to push LTR sp down because it was going out of their control. We have couple of different type of shorters I think;

1) Shorters serving to "Someone" who tries to keep the sp as low as possible for making a low ball offer (which is not going to happen anyway)

2) Shorters independent of "Someone" who are the idiots taking stupid risk and still not covering their shorts at this level.

3) BEOT shorters (Instos) who know everything and mastering the game. They may start buying at any time and the other two will only watch when the short squeeze is started.

I think today the some independent shorters wanted to cover some positions as they don't know what's happening in the international lithium supply chain and Battery-EV markets.

Or maybe the BEOT has started buying slowly (their slow buying is being huge for us indeed)

I actually don't care by any of these because I'm confident of LTR and the lithium-battery-EV markets. Those shorters will have to buy and got squeezed in any case.