Yep, half true! Insto notice the other day showing it was accumulating. Insto then lends out share to shorter- saying go for it- we want more shares and want to scare more retail. = Retail gets frustrated and seeing the ‘short’ game, give in and sell. Insto buys more and shorts more. BUT there comes a time when their games start to unravel, lithium not realistic at these prices and China can only sell for so long they’re inferior ‘crap’! So close your HC viewing, enjoy your Xmas holidays and wait for the turn around. PS Buy some cheapies- as it won’t last year forever and the oversupply mantra will soon run its course!
CXO Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
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