Thanks Slick, yes it might be if the purpose is to manipulate the price but clearly very hard to prove and there are many explanations. Let's accept it is legal and/or it happened as you suggested, I still find it hard to believe that Citi, UBS or GS decide together to orchestrate a pump and dump. Maybe I am naive but it is dangerous to their reputation, all for some modest trading profit.
Leaving that aside, let's assume it is what you suggest, what are they going to do with about 50M shares between them at 75c? If they think lithium is going down and LTR is likely to be under stress as they often and regularly state in their reports, why are they buying higher than the recent prices. I only have the options I put in my first post to you.
LTR Price at posting:
63.5¢ Sentiment: Buy Disclosure: Held
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