LYC 0.66% $6.06 lynas rare earths limited

short covering expected soon, page-5

  1. 581 Posts.
    pls note... below is a entire reproduction of Rorkes's post above, with only the ' ' added for purely comic and parody effect. Could have used any post really. Hoe its ok Rorkes. Here goes...

    KALENN...when you say "short covering"..do you 'mean' that those 'people' who have taken up 'short positions' i.e. have 'sold shares' hoping the 'price' will 'go down' and 'buy back' in at a 'lower price', will now have to 'buy back' as the 'market' is 'going up' so as to 'minimise' their 'losses' hence the 'rise' in the 'SP' created by 'short covering'??
 
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