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$3.16 pilbara minerals limited

lol i thought you are going to put gentle reminder on what it...

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JPGuru

4,660 Posts.

568

04/01/23

10:18

Post #: 65521596
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Originally posted by Covers78: ↑

Gentle reminder why certain people keep talking about Sodium Ion on a lithium companies message board:

In a "short and distort". you have people who first short a stock and then spread false rumors about a company. If the stock drops based on this bogus information, then the short-sellers will cover at a lower price and realize a profit.

Example: A trader shorts 2,000 shares of XYZ at $10. He then signs up to every financial message board and chat room imaginable, spreading false rumors. I.E. Sodium is about to replace Lithium.

This trader is hoping that some of the holders of XYZ will "panic sell" their shares, causing the stock to drop. Then this rogue trader can cover at a lower price and realize a profit.

They ain't getting mine.

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lol i thought you are going to put gentle reminder on what it means when people read thread like the one below ? and then advocate for consolidation

PLS Price at posting: $3.67 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $3.16		Change -0.155(4.68%)		Mkt cap ! $9.425B

Open	High	Low	Value	Volume
$3.20	$3.22	$3.09	$362.9M	114.5M

Buyers (Bids)

No.	Vol.	Price($)
73	242339	$3.15

Sellers (Offers)

Price($)	Vol.	No.
$3.16	291753	59

View Market Depth

No.	Vol.	Price($)
78	250284	3.150
29	315418	3.140
26	413311	3.130
33	481129	3.120
35	392212	3.110

Price($)	Vol.	No.
3.160	285295	55
3.170	376726	31
3.180	207160	37
3.190	271402	24
3.200	199425	25

Last trade - 15.48pm 03/10/2024 (20 minute delay)

PLS (ASX) Chart