ASN 0.00% 13.0¢ anson resources limited

Short squeeze coming

  1. 10,359 Posts.
    lightbulb Created with Sketch. 2053
    Are we approaching a major short squeeze in the Lithium sector.
    I think we are.
    Shorting has become much more sneaky and manipulated over the years due to a substantial increase in ETF's.
    Most shorting does not get reported because it is not technically shorting, a broker holding stock for an ETF or individual could sell stock without reporting it as the stock has not been loaned out to anyone, I could be wrong on this as it is just something I have figured out myself in trying to figure out what has been going on, would be very difficult to prove unless it was investigated by the regulators.
    If the Lithium spot price continues to rise, and IM correct in what has been going on, there could be some significant panic buying over the coming months from these people who prey on those who cant protect there investments from there morally wrong practices.
    And I believe that Anson coped some of the worst of it, so could be in for one of the biggest share price recoveries.
 
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Mkt cap ! $167.7M
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Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
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