LYC 1.94% $7.60 lynas rare earths limited

It has come to my attention that there has been a significant...

  1. 995 Posts.
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    It has come to my attention that there has been a significant amount of short covering as the % of shorts of LYC has dropped from close to 10% to 8.83% (see http://www.thebull.com.au/articles/a/22191-top-10-shorted-stocks-on-the-asx.html). Big boys must be in quite a hurry to cover as much as possible with the following announcements immanent:

    1. TOL issue
    2. LAMP completion
    3. First ore shipment

    We are at the turning point here in the history in lynas and IMO those who sell now will be looking back in a few months time feeling rather stupid.

    Cheers!
 
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1 29813 $7.59
 

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$7.60 121468 3
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