LYC 0.50% $6.02 lynas rare earths limited

So they are doing their jobs. This kind of thing is common in...

  1. 421 Posts.
    lightbulb Created with Sketch. 170
    So they are doing their jobs. This kind of thing is common in speculative stocks. It's significance should not be overstated. This is another case of news that accompanies a strong spike in orchestrated short sales. Thursday's price decline was not, as some suggested, fund managers playing it safe, it was a a result of nearly 50% of traded volume being short sales. Price recovered after an early massacre which suggest deep pockets are still accumulating, it can be seen in the volume of shares traded. Today's closing price and data on short sales will be revealing.


    LYC-28-2-19.png
    Last edited by zeropointmind: 01/03/19
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.