lots of presssure on sp rising, page-9

After following LYC over the last 3 years from $0.90 up to $2.60, then down to $0.55 via it being one of the most heavily shorted stocks on the ASX, I now get the feeling that the people who were going to be shaken out of the stock by the shorting have nearly been exhausted i.e. the shorters may see that the profits from shorting have dried up and it is time they either chose another stock to short or they go long on LYC.The up coming positive announcements will only add fuel to this line of thought. IMO we are very close to a move up through the 0.70'S to the mid 0.80'S and beyond.