That was very much yesterdays news! Lol. Short levels update today are back down again across the board.
Funnily though ORE was the ONLY one yesterday that didnt show a (4 day delayed) rise in shorts, theirs dropped... Today though ORE short level rose again, while everyone elses came back down.
Adds proof to my theory that the instos are fully aware that retail holders will hold shares somewhere in the Lithium space. Thats the nature of many holders belief, or reason for holding that goes far beyond the normal "investment" reasoning.
So yesterdays spike was carried out for one purpose, to create fear and have retail holders sell out at another fear inducing level... a drop below the $2.00 mark. Some coincidence.
Now where do they prefer these holders to go instead?
Well at a glance it sure looks like ORE has been having a good run... lowering short levels... etc etc. Yep.
Imo it is quite obviously more of a psychological attempt to shift holders over than anything else. I'm in no way trying to bag out ORE, but really their last run up wasn't off the back of anything exceptionally worthy of such a run... at least not given the current pressures. To me the run was orchestrated.
Games, games, games.
Where do you go next Shorters? Cause I'm ready to buy again if we go lower. And I know many, many others that are as well.
Anyway that's my take. Feels good when things fall into place behind a long running theory.
