Yet it is also apparent the daily movements, pattern and EOD closes behaviour hv changed. Ppl on trading platforms and with broker net buy / sells maybe able to confirm- if they will share that is- or perhaps they may keep it to themselves to assist in accumulation.... But can't ppl observe that buying barriers hv bn set through out the day? Any shorting or selling seems to be met solidly at designated prices.
Which is bad news for ppl still short and hv not closed, as the SP is being steadily bought up now. Will it pause at 6.55? There are arguments for and against- investors long will just hold on, some traders might cut loss but I don't thk letting a stock sit at a retail Entitlemt price for long or just a bit to accum more stock makes much sense when there may be other large buyers, the accum phase is done dusted & completed more effectively at a lower price b4 & amid worst sentiments.
With surging sentiments now and a clear separation of quality Li Producers to explorers or even hardrock higher cost to be producers, it's best for brokers who hv accumulated stock at lower prices already to let ORE rtn to fair value to increase its stake value in as short time as is necessary & to prevent losing net share of stock to other buyers.
This will prob run harder than most non ORE LT holders would expect,.. Though a knowledge of its fundamentals will easily change that. Don't underestimate also the 22% premium being paid by TIANQI for that other you know what brine producer... Argentina is better anyway imho.
