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4.35%

11.0¢ lithium plus minerals ltd.

Well- I'm not a fortune teller but got it right this time...

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trade2rich

1,372 Posts.

392

14/12/23

12:25

Post #: 71447236
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Originally posted by trade2rich: ↑

Lithium bounce in both US and China markets - is very encouraging.

And for the first time (in a while) Chinese major players, along with leading analysts backing up Li positive outlook at the same time.

Falling Li prices will lead to mining closures and short supply/deficit, price then goes back up. It's a great concept cycle, nobody can deny.

Li shorters will desperately try closing off their trades in coming days. Their glory days are over and misery arrives.

4 out of 5 shortest shares are lithium, lead by PLS.

PLS was at 20% as of 4th Dec, that's massive 1 out 5 shares are shorted, about 618mil. $2b worth

10% rise early next week, will cook the shorters for heavy loss of $200m.

CXO, is also heavily shorted, about 10% of SOI could happen similarly.

Let's wait and see how the shorters/GS lovers crying next week.

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Well- I'm not a fortune teller but got it right this time about PLS and Li outlook.

10% rise this morning for PLS, that's $200m.

The shorters were gladly cooked.

Fed have also hinted that they'd start cutting the rates from early next year.

Li shares, along with most sectors - will start moving back up and continue their journeys.

Last edited by trade2rich: 14/12/23

LPM Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.0¢		Change -0.005(4.35%)		Mkt cap ! $14.55M

Open	High	Low	Value	Volume
11.0¢	11.0¢	11.0¢	$2.28K	20.72K

Buyers (Bids)

No.	Vol.	Price($)
3	19100	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	5000	2

View Market Depth

No.	Vol.	Price($)
3	19100	0.110
2	41667	0.105
6	189512	0.100
1	30303	0.099
1	29802	0.097

Price($)	Vol.	No.
0.115	5000	2
0.120	10000	1
0.130	76490	1
0.135	35000	2
0.140	103664	2

Last trade - 13.29pm 29/07/2024 (20 minute delay)

LPM (ASX) Chart