short sellers play with fire

Recently, short sellers have started to repurchase Lynas shares after previous massacre weeks.

They wish (and will try to maintain) Lynas shares to quote in a lower range between 1.00 and 1.20 $ in order to get a nice profit.

At the same time, shorsellers are sure no announcement will come out regarding pre operating license because LYC is not "so close" to production (2 months).

Therefore, they think they can succeed in their strategy.

Imagine a favourable annoucenment comes before than expected... which we cannot discard...

Short sellers will have to create same artificial preassure to repurchase shares they have to return soon or later in order not to incur in heavy losses.

time will tell. But... if I had to repurchase shares now slowly, I would be very, very nervous. Better said scared.