LYC 0.66% $6.06 lynas rare earths limited

cabinet meeting last step or not, page-76

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    bsredoje

    you said, "..Yes they are so nervous that they added another 4M to their position yesterday...."

    Only thing is you don't know what they added yesterday. All you know is that there were 4mill sold short yesterday, they could, and likely did cover by lunch time. Currently it appears the shorts are diminishing. They're not totally stupid :)

    And on the day that LYC turns there are going to be a lot get burnt. Hopefully the pros as well as the amateurs. Only thing is of course we don't know what day that will be but I would be surprised if it doesn't occur within the next 4 weeks. But hey, I could be wrong!
 
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