"All that has happened so far is ALB have lit the fuse..."Wow,...

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TrayonRanger

9,544 Posts.

2549

31/03/23

13:43

Post #: 67068001
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Originally posted by grasschoppa: ↑

maybe we see 2.63 on close, a bit of a non event for day traders.
I think this is because of multiple hedge funds waiting on the side-lines with bets either way with millions.
The best flag to drop will be when the shorts and cover of Tuesday 28 trade are added to the aggregate tally which we wont see until Monday 3 APR about Noon AEST
No serious cover was pre organised by any fundie because the agregate hasnt dropped today.
This is looking extremely positive for the longside and Loyal Long Term Holders
Heres the important bit for holders.
You mostly probably think the short squeeze has happened. IMO it hasn't we have only seen the start of the short squeeze playing out.
All the ingredients were there; high shorts, low liquidity, and undervalued fundamentals. They have been here for quite sometime, all we needed for the perfect Squeeze was the catalyst to start the game.
All that has happened so far is ALB have lit the fuse on the tinderbox, the biggest gains are yet to present.
Every trader and Hedge Fund is on this BIGTIME, those that can hold win!

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"All that has happened so far is ALB have lit the fuse..."

Wow, first thing I thought of after reading that was Henry Lawson's "The Loaded Dog".

This is a MUST read and if done so in conjunction with your comment, will just be very very sweet. Trust me!

If any of you have already done so, then you are probably chuckling as I type this.

NO DON'T FETCH. Come back. NO, don't come back!

LTR Price at posting: $2.59 Sentiment: Buy Disclosure: Held
9 Upvote

1 Great analysis

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