PLS 3.17% $3.05 pilbara minerals limited

PLS chart, page-15139

  1. 5,933 Posts.
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    I don't work for a short seller. They can't afford me. I work for myself I haven't traded this in quite a while either long or short. I'm too busy living the good life these days. Made $10m+ over the last 5 years. I'm only trading the low hanging fruit these days.

    Short sellers are all over this like a rash at the moment. Tbh, I'm not sure why when Albermale's LTR bid has put a floor on the price of lithium stocks. A $6b bid on an asset that isn't even producing yet. I even mentioned that on here back at the time the bid was made. Although with the LTR share price where it is, I think there's more risk that Albermale drops its interest. I can't see them delivering a knock-out bid from where the current share price is. $3 isn't going to cut it.
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    Bullish move on Friday. Support should now be high $4.20s. I think the $4.30 gap will close in due course as it tests that support.
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