LTR 0.00% 85.5¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-455

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    LTR is still at top of the list of Short Squeeze table made by Fintel.

    Fintel sells this data (details) to traders and instos in Australia and around the world. Those traders and instos who are interested in short squeeze list are making money by buying those stocks.

    Therefore the shorters feel more squeezed by the traders and instos who think the opposite of them. It's the opposite of shorting and an easy way of making money IMO.

    As you can see the top 3 companies are all lithium developers. CXO has already sent its DSO to China. SYA is expected to start its production in Q1-2023 (I hope they can wink.png).

    In these days we are getting more positive news from the lithium, battery and EV producers and OEMs.

    Then we will see where the lithium prices are going around mid Feb. My opinion is they will be go further north than they reached before.

    Then we might see a big boooom...!

    So LTR's shorters are in big danger if they won't close their short positions asap,... but.., but,.. it depends on if they can find shares to buy.


    https://hotcopper.com.au/data/attachments/5010/5010844-1901a6a6d7499d97ceb564c56fb15c13.jpg
    https://hotcopper.com.au/data/attachments/5010/5010846-6f2573fd08cdbd67d91dd6ca20352d72.jpg


 
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