PLS 2.13% $3.83 pilbara minerals limited

Hi Vbhb you're completely correct. When shorts are active they...

  1. 110 Posts.
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    Hi Vbhb you're completely correct. When shorts are active they can absolutely amplify downside. Seen it dozens and dozens of times before. And also seen when it reverses. They scramble to get out st any cost. Never forget investing long your downside is 100pc, investing short your downside is infinite. These guys can lose a magnitude of 1,3,5 times what they short. For what it's worth I don't think this is short specific this decline, it's a combination of shorts hitting all small and mid cap mining (plus oil and gas), with under experienced investors not used to these swings panicking. seen it many many times before. just wait, it's going to roar back. my view is that's around March when US Fed admits (through carefully chosen wording) that its interest rate rise phase has "paused". Trump and Xi by Feb will also be best mates (they already are - they know what they're doing). so in "short" buy Aussie small and mid cap miners. ok?
 
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Last
$3.83
Change
0.080(2.13%)
Mkt cap ! $11.52B
Open High Low Value Volume
$3.90 $3.91 $3.83 $93.62M 24.24M

Buyers (Bids)

No. Vol. Price($)
3 473181 $3.83
 

Sellers (Offers)

Price($) Vol. No.
$3.84 139317 5
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$3.84
  Change
0.080 ( 2.50 %)
Open High Low Volume
$3.91 $3.92 $3.83 7472288
Last updated 15.59pm 28/03/2024 ?
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