A few are trying to understand what the Credit Suisse major holding announcement means.
If they do truely hold them and don't lend them out then that's a big wad of shares taken off the table for other investors to buy and hold or use to close their shorting positions.
Two of the strongest cash backed lithium companies on the ASX Orocobre and Galaxy are doing very well today.
My guess is that these two guys will take off first to announce the lithium turn around.
GXY Price at posting:
90.5¢ Sentiment: Buy Disclosure: Held
