CXO
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2.20% 9.3¢ core lithium ltd

Shorts still hanging around 9%. Some covering but they are still...

  1. Jlock
    435 Posts.
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    10/05/23
    14:49
    Post #: 67702063
    https://hotcopper.com.au/data/attachments/5261/5261433-0ded49ec8f35eab6a5b9572a3d9bfd38.jpg
    Shorts still hanging around 9%.

    Some covering but they are still determined to keep this down for now.

    Quite a few of these positions would be under water at the moment - the pressure to cover these positions will increase as the lithium price continues to improve. They are aiming for an orderly exit but any big news will cause a spike.
    CXO Price at posting: $1.02 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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