The shorters may lose more than $1 billion
if those 10 lithium stocks go up 50%.
Because the value of 10 lithium stocks is more than $2 billion.
The value of shorts only on the selected 10 lithium stocks is more than $2b atm (by yesterday's prices). That’s a huge value.
I can understand shorting some sectors and some stocks in some stocks. But I can’t understand the shorting of all of the best stocks of lithium sector. (not including VUL and LKE. I'd short them for the long term too)
The shorters may lose more than $1 billion if those 10 lithium stocks go up 50%. And we know that it's just a matter of time that the lithium price will go higher again.
We can see from Albemarle's recent update that the demand is getting bigger and bigger.
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