Precisely this, the worst fundamental beaten down stocks have the tendency to run the most!Well done!Yes that is my X Handle would love to hear more of your analysis for LKE cheers!I do understand it is a terrible company fundamentally. I DO agree, I am taking on risk. I do agree I may be 7yrs late to the party...it's my first trade on it
I did well entering SYA last week and sold out today the remainder of my shares for a +$470 Profit and will msot definitely be focusing on Lithium stocks in the short term. LKE is probably the worst of the lot although a few things for me stick out that could push prices higher amongst an extremely negative sentiment stock. They say 3rd time is a charm we have seen BRN, ZIP....can LKE do it? Give some long term holders temporarily relief? I am not a short on this as I see more risk as a short than for a long , so I went long wrong or right, just have a plan in mindPLS has 3x the Shares on Issue with 632M short or 21.01% of SOI. PLS is also $13.27B in Market Cap
Short squeezes on a stock thats higher priced, larger in market cap and with way more shares on issue DONT have monster moves or 100% upsides
UNLIKE
LKE with 1.3B shares on issue. There are 57M shares short or 4.01% of the total shares on issue
This has far more chances of volatility than a larger capped stock. It requires far less money to push a stock like LKE. I have a few on my hitlist that meets these key metrics for me. Will this pay off like SYA? We will find out
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Last
4.0¢ |
Change
0.002(5.26%) |
Mkt cap ! $66.74M |
Open | High | Low | Value | Volume |
3.8¢ | 4.1¢ | 3.8¢ | $296.0K | 7.491M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34999 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 348985 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34999 | 0.040 |
8 | 780204 | 0.039 |
29 | 2155654 | 0.038 |
20 | 2334622 | 0.037 |
24 | 1855029 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 328985 | 6 |
0.042 | 1084072 | 10 |
0.043 | 148131 | 3 |
0.044 | 1268111 | 10 |
0.045 | 1051087 | 7 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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LKE (ASX) Chart |