Agree the shorts have been reduced and the percentage shorted is much lower than other lithium stocks.
LKE looks very oversold to me and I like the risk profile. Sure it could drop further but the upside is huge if and when the lithium price turns around (2026?) Until then I will keep accumulating this stock.
If I bought at much higher prices I would be selling too to crystalise a tax loss but it wouldn't stop me from re-entering again when the time was right. You can't take losses personally as its simply part of investing. No one only picks winners.
Is the bottom in?, page-1400
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Last
4.0¢ |
Change
-0.003(6.98%) |
Mkt cap ! $66.52M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 3.9¢ | $753.4K | 18.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 731925 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 760271 | 12 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |