PLS 2.96% $4.18 pilbara minerals limited

This looks like an almighty effort by the insto bots with a lot...

  1. 93 Posts.
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    This looks like an almighty effort by the insto bots with a lot of small cross trades to get this down for shorts to get out. At 15% short a lot at stake here, and todays release really only confirmed what a good look at the known knowns could reveal, and over $1B a year in profit probably does not deserve a 15% short. The trading between 11 and 12 noon is something to behold. Whats with all those zero trades entered??

    I'm here for the long haul and will keep adding when funds allow whilst it gets slapped down under $4 - the margins at even these low prices present as a gift. And if one of the insto's decides to break ranks and cover - it could be violent more than volatile.

    Cheers


 
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