Mate its ripe for a short squeeze day otherwise there would be sellers on screen right now.....if I was short PLS and havent studied lithium stocks it will rocket back, with a vengence.
Selling this week was on Small volume (about 1/3 of buying volume days ). i.e 11m v 30m which is 1/3...and that implies the shorting was also naked.(not real and T+2 is here)
With the email group buying today, with management picking up a few, (i know I am) and no new stock on screen as we speak (tightly held T1 ??) and non T1 funds buying more for ASX200 inhabitable inclusion, and naked shorts and shorts having to cover should be one interesting day....No sellers where are you ???
Lithium prices have not collapsed last night and wont so this could be a deadly short squeeze today.
I reckon there could be as many as 10m PLS shares short (Naked or real)...and no sellers today.
GMM - about 2m shares short and naked and so sellers....
Haven't calculated GXY.
-GG
Mate its ripe for a short squeeze day otherwise there would be...
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |