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80.5¢ liontown resources limited

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toteman

622 Posts.

55

01/07/24

19:40

Post #: 74555485
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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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Yes but it is legal, Your comment on shorting sounds more like a Hollywood conspiracy theory screenplay. So little is known and yet so much is theorized as fact.

Last edited by toteman: 01/07/24

LTR Price at posting: 89.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 80.5¢		Change 0.020(2.55%)		Mkt cap ! $1.952B

Open	High	Low	Value	Volume
82.5¢	83.0¢	80.0¢	$14.75M	18.10M

Buyers (Bids)

No.	Vol.	Price($)
11	206368	80.5¢

Sellers (Offers)

Price($)	Vol.	No.
81.0¢	5649	3

View Market Depth

No.	Vol.	Price($)
10	173368	0.805
45	1112116	0.800
21	1074465	0.795
18	253031	0.790
13	182121	0.785

Price($)	Vol.	No.
0.810	5649	3
0.815	82623	8
0.820	500419	12
0.825	207328	8
0.830	408074	20

Last trade - 16.10pm 30/09/2024 (20 minute delay)

LTR (ASX) Chart