Short sellers are playing with the stock (not with the company fundamentals).
Its incredible how much courage do have short sellers at this stage. 72 Millions shares volume, and at 5.45am stock falls sharply and reaches level 1AUD,closing at 1.09AUD.
Morgan Stanley (MS), first and main shareholder is the big lender to all hedge funds. A veritable shame.
How can an private investor who has long positions in a MS through its investment funds which hold Lynas shares, can have credibility in a bank that ruins its own investors when at the same its lending through the back door Lynas shares. Its a shame.
I hope we can get a positive solution announcement soon regarding pre operating license.
All shorters will have to repurchase Lynas shares at once. One day when announcement arises, Lynas may open at 3AUD and shorters will start to sweat and become totally sick.
The more the stock falls the more tools shorts sellers give private investors to purchase shares at a lower price.
I beleive we could see Lynas at 10-15$ mid 2012. This is what I believe in.
- Forums
- ASX - By Stock
- LYC
- short selling a very risky bet at this stage
short selling a very risky bet at this stage
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.88 |
Change
-0.040(0.58%) |
Mkt cap ! $6.430B |
Open | High | Low | Value | Volume |
$6.92 | $7.05 | $6.83 | $13.27M | 1.918M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 966 | $6.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.90 | 18661 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2367 | 6.860 |
1 | 6556 | 6.850 |
1 | 13653 | 6.840 |
4 | 34685 | 6.830 |
6 | 32587 | 6.820 |
Price($) | Vol. | No. |
---|---|---|
6.900 | 18661 | 4 |
6.910 | 10240 | 1 |
6.920 | 10240 | 1 |
6.930 | 10240 | 1 |
6.950 | 23444 | 1 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |