LTR 0.00% 85.5¢ liontown resources limited

New TA/Charting, page-15349

  1. 10,297 Posts.
    lightbulb Created with Sketch. 2901
    "Incoming squeeze on st timeframe"

    Seems to me that this may be one of the times where you could be absent, having a *SCAN and return not having missed a thing, as it will be like a slow motion train wreck - BECAUSE infinite days to cover is like FOREVER. tongue.png

    https://hotcopper.com.au/data/attachments/6448/6448091-30832906d0db4eaf325ef45dae25570d.jpg

    Hey mate, how's the squeeze cover goin? Not sure, but I think someone just bought 5 million - it's like watching paint dry. lol

    https://hotcopper.com.au/data/attachments/6448/6448109-dbf47dcbc3e96492efb442cd2603547a.jpg
    Let's see now, 257.5 divided by 5 equals approximately 51 work days.

    If they rushed like mad, they could be Merry and close out by Christmas.

    Not really, because as the squeeze accelerates the share price, it makes covering all that more impossible.

    The only way it could be done is in an off market back office transfer with mates bailing out mates, saying "You owe me bigtime". eek.png

    * SCAN: Senior Citizen Afternoon Nap tongue.png
    Last edited by TrayonRanger: 10/09/24
 
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