Well I know this sounds a bit crazy here given where we are SP wise but I thought to just give a kind warning to all those that are short at the moment that RIGHT NOW might be a good time to get out of your positions...
As per my previous post, todays announcement shows millions upon millions of short positions being reeled in through MS.
If I was short I'd take it that the writing is on the wall.
Take a look at the HUGE positions being returned on the statement...
10M, 2M, 1.5m etc etc
Now MS has also been selling down so you may be thinking that you are following a big mover down but you have been benefiting from MS reducing position...they have some issues that are bigger than Lynas so its understandable.
Wind em up boys, the writings on the wall.
better cover you short positions
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Last
$6.05 |
Change
-0.010(0.17%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.00 | $6.10 | $5.97 | $26.46M | 4.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 849 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 10260 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |