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3.37%

92.0¢ liontown resources limited

Next Lithium Bull run, page-148

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eztrang

4,197 Posts.

305

01/07/24

19:12

Post #: 74555114
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Originally posted by Tangles2020: ↑

I think you need a period of self reflection, and ask yourself what kind of a person Shorts an "excellent" company knowing full well they might need to raise capital soon? You are actively participating in an attempt to ruin this company. You may feel the term "parasite" is an unfair description of yourself, but I think it's rather apt for this situation. The common defense for Shorters is that "well the price will fall regardless, I'm just taking advantage", I see it more as you leeching off the manipulation of powerful forces behind closed doors, and ALL shorting adds to downward price pressure, so no Shorter can claim innocence here.

I think all excellent companies are strong enough to withstand such tactics, otherwise they wouldn't be an excellent company, but that doesn't change your immoral behaviour here. As a principle, I never Short in general, let alone good companies, and that allows me to live with myself. I think how you make your money is just as important as how much you make.

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Why don't you invest in markets where shorting is banned?
The returns should be better because there's no shorting and
you would also help to encourage other markest to do the same.

LTR Price at posting: 89.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 92.0¢		Change 0.030(3.37%)		Mkt cap ! $2.231B

Open	High	Low	Value	Volume
89.0¢	92.0¢	87.0¢	$8.589M	9.604M

Buyers (Bids)

No.	Vol.	Price($)
1	11000	91.5¢

Sellers (Offers)

Price($)	Vol.	No.
92.0¢	458346	27

View Market Depth

No.	Vol.	Price($)
1	11000	0.915
5	51200	0.910
2	47000	0.905
3	75046	0.900
3	769612	0.895

Price($)	Vol.	No.
0.920	458346	27
0.925	21700	3
0.930	308967	11
0.935	55529	4
0.940	331922	8

Last trade - 16.10pm 28/10/2024 (20 minute delay)

LTR (ASX) Chart