Agreed on the short squeeze mention. It's not the first time it's been thrown around here, and it's sad that we have to explain each time that you cant short squeeze a ticker that still has 90% of its float available, lol. Shorters covering their shares does not a squeeze make.
I'm not sure what to expect on Monday, but I see the fact that these 100mil$ were so easy to find as a good sign. I see the fact that even they expect the Li price to go down faster than we'd like as not a good thing. I'm still convinced that we got a fair amount of growth in front of us, but maybe not as big as I would have believed was possible if you asked me a few weeks ago.
I do still firmly believe that CXO at 1.11$ is a steal though!
CXO Price at posting:
$1.11 Sentiment: Buy Disclosure: Held
(20min delay)