LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-227

It's good to see that LTR's sp is still very close to the level ($1.50) on the day prior to the anns on Friday...

... despite the short amount of shares on Friday was at record level: 27m+,

27m shorts just in one day..!

Here it is you can see it on ASX Daily Short Listing web page:



Mr shorters now can see that it's not going down.

A lots of traders and small investors who have good knowledge of lithium sector are buying in LTR IMO.

Also many current holders are topping up I guess.

Otherwise who is buying this much shorted shares?

As a result Mr Shorter couldn't take the advantage of cost blowout...
LTR is still on its way up.

Now they have a huge short position. We may see the shorts reached to 160m-170m on the ASIC short data (and Shortman gives the same data on chart) which comes 4-5 days behind.

If we get a lots of good news in general in lithium sector, lithium prices, etc, and some other news from LTR,.. there you go...

That is the way for shorters which will take them to the short squeeze out there.

Short squeeze is still on the table as the shorters shorted more on Friday instead of closing some of their shorts with he opportunity.