PLS 6.54% $2.86 pilbara minerals limited

Good News & Bad News, page-33626

  1. 373 Posts.
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    In Canadian dollars, the current short position is $1,334,974,956.
    In my mind, it would be foolish to not give the immensity of that
    number some respect. I can't bring myself to completely rely
    on manipulation as the sole reason. I have owned the stock uninterrupted since 2017.
    As this quarter draws to a close we know that earnings
    will be lower because of the sharp decline in price. Will that problem
    be compounded by a meaningful decline in shipments as well?

    A few weeks ago I posted that in looking out over the horizon
    there seemed to be some storm clouds forming. While we are
    unquestionably going to make a ton of earnings this coming quarter,
    the brokers will attempt to divert attention away from that and toward lower
    prices and lower shipments. Another dark cloud?
 
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