PLS 3.83% $2.98 pilbara minerals limited

Can anyone explain to me the logic behind the fact that there...

  1. 134 Posts.
    lightbulb Created with Sketch. 32
    Can anyone explain to me the logic behind the fact that there are still 45 million shares short as at 14th Jan AND over 6 million shares were shorted yesterday..... is it some sort of hedging from the major funds - so as to ensure their longs don't make too much money?? ( a bit of sarcasm here). ALSO, no one has posted that spodumene went up ANOTHER US$80 yesterday; to US$2480!!! And every day there are new stories of increased demand for lithium and many stories of delays and protests/ cancellations of new mines. I'm no savant, but surely this train has a long way to go yet!!!!!
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.