LYC 0.34% $5.93 lynas rare earths limited

what will short sellers do on or before june q

  1. 12,800 Posts.
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    The subject has been talked about over and over again, however it is something which is on the minds of all long holders in Lynas Corporation and needs IMHO to be focused on once again, due to the time line of events going forward


    I am surprised the question has not come up for at least an hour or so - WHAT WILL THE SHORT SELLERS DO ON OR BEFORE JUNE QUARTER 2013

    With approximately 200 million shares short sold, surely the short covering needs to start in an orderly fashion to cover themselves just about now

    Ideally now, before panic sets in and market is informed formally about what is going on in the Lynas camp

    Anticipation for lots of positive news, which has been foreshadowed to the public forum previously but not confirmed, would surely be a catalyst to move the share price forward. As it seemingly has not, I believe an inevitable demand will set in very very shortly

    Again the above is only my opinion and should not be construed as investment advice


 
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