SYR 1.02% 49.5¢ syrah resources limited

General Discussion, page-13

  1. 1,079 Posts.
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    The best way to ignore shorters is NOT posting on "Shorting Thread" and ignoring them as they wanted to repeat how the market behaved yesterday.

    I reckon shorting SYR at this stage is maddens because of following reasons:

    • SYR was heavily shorted since January this year and it was significantly undervalued when price reached all 52 week low at 42C
    • The momentum had already shifted with Chinese graphite export ban from 01 December
    • Both Balama and Vidalia are production plants and Vidalia capacity extension completion is only 4 weeks away
    • US government support Balama project in Mozambique and backed its funding
    • Off take agreement with Tesla, LG and others have already finalised.
    • Last but not the least is momentum shift has already started and all stars are lined up for growth.

    Watch out small shorters..., you can't be always be right at least not this time with SYR and cover your position before you stop sleeping at night and left out in the street
 
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