General Discussion Topics, page-133897

Lol i did post right after that comment that it was short covering and instos selling. The way I see it is that shorters sold down using instos shares, lets pretend they had 100m shares the lent out 20m those were sold to bring price down. Now shorters are buying them back at a discount, because instos are selling to them at 4c so instos now own 80m after shorts return, however there may still be some shorts left after today so we could see a push up tomorrow or something to finalise the short covering, after that who knows but with lithium going up the instos that are mandated to sell would need to get out at whatever price, so someone will scoop it up and itll be similar to short covering in that way up to whoever wants its target price, there will be interested parties in SYA who see its value, however the bulk will be bought during the sell down then we may see it go up from there.

Also you mentioned prop accounts, could it be that the instos are using prop accounts to buy back the stock too since itll most likely go up.