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6.2¢ lake resources n.l.

LKE towards TOP-5, page-14605

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autumn10

65 Posts.

16

16/10/22

18:00

Post #: 64223607
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Originally posted by sowens: ↑

I'm still trying to understand the shorts. The share price peaked at $2.65, but the shorts didn't really pile in until the price was $1.55 and shorting stopped at 87 cents. So we have the 30% who were short from earlier this year when Johnny Shorts and dug said short at 88 cents, then there are 60% of shorts who opened their position between $1.55 and 87 cents and the 10% who like Mitch have closed their position. The halfway point between $1.55 and 87 is $1.21, so the typical short must now be sitting on a profit of about 20 cents (or less if you included Johnny Shorts followers), so I guess this is why they haven't closed because their profit margins must be about 20 cents. Not worth the risk, in my opinion.

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incorrect.
You didn't allow for the cost of hiring people to spread FUD.
even the bad ones cost money.

oh dear.

LKE Price at posting: 97.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.2¢		Change -0.002(3.13%)		Mkt cap ! $102.8M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.2¢	$348.1K	5.512M

Buyers (Bids)

No.	Vol.	Price($)
11	748423	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	260711	4

View Market Depth

No.	Vol.	Price($)
11	748423	0.062
23	1657235	0.061
43	2473595	0.060
16	1190401	0.059
18	1597488	0.058

Price($)	Vol.	No.
0.063	260711	4
0.064	489812	7
0.065	437567	9
0.066	638475	8
0.067	511832	8

Last trade - 16.10pm 27/05/2024 (20 minute delay)


Last 6.3¢			Change -0.002 ( 1.56 %)
Open	High		Low	Volume
6.4¢	6.4¢		6.2¢	2183744
Last updated 15.59pm 27/05/2024 ?

LKE (ASX) Chart