Short positions report for 8 July. LAKE RESOURCES ORDINARY LKE 23,703,50. That's nearly a full reversal from the previous day's trading. Of the two days trading volumes totalling 22,500,000, 16 million were pure short trading. From the highs and lows on those two days there was as much as 15% taken off the SP but finished 9% lower at .040 where it is now.
What's the story about those other 6.5 million volume?? Confirms that more numbers are required before it's even a punt, an average down, yes, could have significant tax savings (consult a tax accountant who can show you how that works, "could" be very big numbers!!!)