PLS 1.36% $2.99 pilbara minerals limited

This has turned into a game of chicken between the longs and the...

  1. 6,298 Posts.
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    This has turned into a game of chicken between the longs and the shorts..... who will blink first??

    I haven't seen such calm and methodical trading in PLS since the early days when we just became a producer. This has got all the hallmarks of smart money accumulation (or at least winding back of short positions). The only issue the shorts have is that have way too much exposure so that any "scares" will turn into to monumental and sudden moves.

    And, from a risk perspective, I'd rather be sitting on the long side than the short side.... that's for sure!!
 
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