short position question?, page-9

First of all I tend to be of a similar opinion to Mitta - he did say 2 to 3 months ago - the shorts would not be covered before June 30 2013 quarterly and I it did not concur

However - as with Molycorp, after its last quarterly, which was not at all too great, but fair, the share price surged more than 30 percent and about a third of its total share registry traded. This for sure was short covering.

So - if this quarterly says things that are more than expected and have a positive spin going forward, I would suggest there will be a similar situation occuring as well

What really surprises me is this

Lynas is producing - share price has not moved

Basket price is going up - share price has not moved

Quarterly is only 12 business hours away - share price has not moved


Those willing to take a punt and purchase more shares could definitely benefit in the short term

it is all about

RISK/REWARD, RISK/REWARD, RISK/REWARD


The above is my opinion and should not be construed as investment advice

DYOR