LKE 4.55% 4.2¢ lake resources n.l.

Hey Mozza,Trying to put some numbers on the shorts, in march...

  1. 267 Posts.
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    Hey Mozza,

    Trying to put some numbers on the shorts, in march there were about 1% shorters and at a time when LKE went to over $2. then when the shorters reached 10% the LKE share price was $1. so as the shorters get wiped out with some nice announcements id say the share price may double from the reduction in shorting pressure. so if the announcement(s) take us to $1.50 we may see $3 in a short time?
    DYOR

    https://hotcopper.com.au/data/attachments/4708/4708917-240f44d86139f12be90defaa5d763d6c.jpg
    https://hotcopper.com.au/data/attachments/4708/4708923-6c68811a3f3ad50ad2aad4813051fd18.jpg



 
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