PLS 2.81% $3.11 pilbara minerals limited

UBS, Citicorp, Merrill Lynch et al. These are the big Insto...

  1. 1,193 Posts.
    lightbulb Created with Sketch. 3376

    UBS, Citicorp, Merrill Lynch et al. These are the big Insto names who are shorting/selling PLS. Refer to 8horse's posts. We retailers can't compete with them.


    Even if a big whale came in, there's insufficient volume at the line of scrimmage for them to acquire. They know the controlling Instos will just sell it back down.


    I appreciate shorting is a b#tch but "the market can stay irrational longer than you can stay solvent" is a line attributed to John Milton Keynes. Its been going on since the dawn on the primates. With or without "shorting" the BEOT will still b#itchslap retailers. Deal with it.


    All we have to do is NOT SELL and remain patient. Can you do that?


    When the numbers are revealed the SP will react. Three weeks until the quarterly and seven til the half year profitability disclosure. The BEOT don't commit on fluff. They want cold hard cash/revenue and profitability numbers.


    Future Tech has done the shipping volume numbers and we know the SC6 price between USD750 and USD800. Add DSO and Tantalite and 62c is a joke.


    .


 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$3.11
Change
-0.090(2.81%)
Mkt cap ! $9.360B
Open High Low Value Volume
$3.15 $3.17 $3.06 $206.5M 66.15M

Buyers (Bids)

No. Vol. Price($)
3 212414 $3.11
 

Sellers (Offers)

Price($) Vol. No.
$3.12 1870994 18
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.