LKE 1.72% 5.9¢ lake resources n.l.

BUY & HOLD DONT BE FOOLISH

  1. 590 Posts.
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    BE AWARE BE VERY AWARE OF SHORT SELLERS AND DOWNRAMPING

    Down-ramping (or negative ramping) involves attempts to manipulate a stock's price downward for personal gain.

    It is an unethical and, in many jurisdictions, illegal practice. What do Down Ramping Shorters try to stop you buying and holding...???

    What do Short sellers do to fool you and how?

    Identify a Target Stock: They Choose a stock that’s likely susceptible to price manipulation.

    Gather Information: Collect data that can be twisted or misrepresented to create negative perceptions.

    Spread Negative Information: Social Media & Forums: They Use these platforms to spread negative, often misleading or unsubstantiated information about the targeted company/stock.

    Blogs and Websites: Write negative articles or blogs that question the company's performance, management, or future prospects.

    Short Selling:Sell Borrowed Shares: Borrow shares and sell them at the current price, anticipating a decline.

    Profit from the Decline: Buy the shares back at a lower price and return them, keeping the difference.

    Create Panic:Exaggerate Issues: Blow problems or challenges the company is facing out of proportion to incite fear.

    Rumors: Spread rumors of problems like financial instability, management issues, or impending bad news.Market Manipulation:

    High-Volume Selling: Sell large volumes of shares to create an artificial decline, prompting others to sell.
    Cover Short Positions:

    Buy Back at Low Price: Once the price has dropped sufficiently, buy back the shares at a reduced price.

    Return Borrowed Shares: Return the shares to the broker and pocket the difference as profit

    Exit
    Withdraw: Quietly exit the market with profits before the manipulation is noticed or investigated.
 
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Last
5.9¢
Change
0.001(1.72%)
Mkt cap ! $97.89M
Open High Low Value Volume
5.9¢ 6.1¢ 5.8¢ $181.4K 3.043M

Buyers (Bids)

No. Vol. Price($)
10 773915 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 444830 7
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
6.0¢
  Change
0.001 ( 3.27 %)
Open High Low Volume
5.9¢ 6.1¢ 5.8¢ 1887308
Last updated 15.59pm 03/05/2024 ?
LKE (ASX) Chart
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