LKE 0.00% 3.8¢ lake resources n.l.

Genuinely curious, page-24

  1. 21,329 Posts.
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    justifiedluck. "justified luck". Very Interesting combination of words, are you an epistemologist??
    What do you believe re Lake, what is your understanding of their "cycle"? Needs luck??

    Delusion" is one of the most important characteristic when investing for a "possible" 5 year return.

    Without "delusional" investors NOTHING would happen. Be very grateful for all the "delusional" investors there have been in the history of the world.
    IF we wanted to be punters, LKE would have been a fantastic vehicle, and still is, why, one can get 3% nearly EVERY day if so inclined and that's why the shorters are hanging on, it's a super cash cow.
    But, getting closer to becoming a real gamble for them, but, they've done well enough to not be too worried, YET.
    Probably, at least 170-180 million shorts still open. How do they close, lenders keep lending when others are closed, win/win for both lender and borrower. And it's LEGAL??!!!

    Any new numbers, anyone??

 
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