Yeah, unfortunately took a loss on the last short at $2.55 and got stopped out at $2.70. Wasn't a big position but still a loss nonetheless. Disappointingly I didn't short on the huge drop last week. Was surprised to see it drop the extent it did. I think that goes to show 1) how crowded the long trade is for lithium stocks and 2) how on edge the market is with lithium stocks given the last cycle is still fresh in everyone's memories. So I think the only way to make money is on the short side for now. My current short is quite a decent size 450k shares. The risk/reward going short yesterday was a table pounder. Let's see how it trades around the $2.20 level today. There was support there last week.
PLS chart, page-6614
-
- There are more pages in this discussion • 17,160 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.10 |
Change
0.135(4.56%) |
Mkt cap ! $9.290B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.14 | $3.01 | $58.17M | 18.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 81 | 296040 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 335031 | 42 |
View Market Depth
| Last trade - 15.46pm 12/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |