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
6.4¢ |
Change
-0.001(1.54%) |
Mkt cap ! $106.1M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.2¢ | $314.3K | 4.954M |
Buyers (Bids)
No. | Vol. | Price($) |
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7 | 1898303 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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6.4¢ | 41179 | 1 |
View Market Depth
No. | Vol. | Price($) |
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5 | 832096 | 0.063 |
13 | 1220246 | 0.062 |
18 | 429228 | 0.061 |
30 | 2825196 | 0.060 |
15 | 1215990 | 0.059 |
Price($) | Vol. | No. |
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0.064 | 41179 | 1 |
0.065 | 485167 | 7 |
0.066 | 313260 | 6 |
0.067 | 511832 | 8 |
0.068 | 623901 | 6 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
6.4¢ |
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Change
-0.001 ( 2.29 %) |
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Open | High | Low | Volume | ||
6.5¢ | 6.5¢ | 6.2¢ | 1653793 | ||
Last updated 15.59pm 24/05/2024 ? |
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