Shorts are not tying to pressure any one. All they want to do is make money just like all of us. The actual number of shares created September 1 1.02% shorted to Sept 27 2,83% = .81% X 900 M is 7,3 M Not a good explanation for stock going from about AUD 8.00 to 6.50. Put your thinking cap on and instead of blaming them for problems try to figure out what others are seeing that you are not. One piece of advice do not look at Lynas or REE at all Look at markets that Lynas is living in. Lynas hit its intraday hi of 8.03 on Sept. 16. here is a chart to think about.
Lynas 7.76 6.5 -16.2% 1 ASX 200 7460 7185 -3.7% 2 Lynas shorts 23.6 25.5 8.1% 3 S &P 500 4473 4308 -3.7% 4 US 10 year Tbill 1.33 1.48 11.3%
Lynes and ASX at close others at about 10AM US EDT . Shorts are for Sept 27 last day published.
So think a little Do you really believe shorts are problem. Why do some people think it goes down from here? Why is Lynas down more than all the indexes. 10 year T bills are going up in spite of US fed working to keep them down, what does this mean?. Why is Lynas falling earlier and more than most of the indexes. Is this something that can be understood? Lynas PE is 36. ASX 200 15. S&P 500 34. Now here is a historical chart of S&P 500 PE. Look what happens after every high. Look at S & P price right after high PEs in 2000 & 2008. You should be looking at this and not shorts. for an idea on Lynas stock behavior. Just suggesting alternatives there are many more out there.
https://finance.yahoo.com/chart/%5EGSPC#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-
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
---|---|---|
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2 | 42046 | 5.960 |
4 | 40648 | 5.950 |
6 | 75030 | 5.940 |
3 | 1010 | 5.930 |
Price($) | Vol. | No. |
---|---|---|
5.990 | 179 | 1 |
6.000 | 9926 | 2 |
6.010 | 22926 | 4 |
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