Perversely, for this particular stock, PLS - where the downside risk profile is minimal, and the upside so well sign-posted - as articulated so well by many of the HC posters I really respect, it is the strength and persistence of the shorting from the BEOT that is by its very nature a very positive signal for PLS (this wouldn't apply to other stocks where the fundamentals are in question). They want in, and are building as big a position as they can make. I am hanging in for all I'm worth, and it is probably the last stock I'd sell if I was in a pinch.
The BEOT were comparatively late in seeing the potential of some of these Li stocks - especially PLS, and have a long game to shake as much out of retailers as they can. They unfortunately control the probable timeline for any SP rise. Just hold out. If you can, buy. Best scenario is a massive left-field announcement that burns them off. Here's hoping.
PLS Price at posting:
82.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)