What are we missing.... after analysing Lithium (PLS holder at 42c and soon to be lower with SPP) observing GMM and cannot understand why this is not over $1.00 right now ? I reckon a Gap up day is coming and anyone short will be smoked but that hasnt happened yet. The recipe is there right now fro it though with 1.5m - 2m shares short ..Friday/Monday ? and if one insto from PLS does his work this could close at 52c and open at 62c and everyone will scrambling like crazy. This will move up at twice the speed of PLS given the tightly held nature and much smaller share issue.
This company has a great balance sheet, assets and future. As it is ahead of PLS and ORE on Lithium production it should be much much higher.
The seller is not real and the stock is absorbing well as it could be the same guy capping that is buying anything he can get lower. Trading with himself ? To give an illusion of real selling. Its not.... its naked shorting. I can tell.
His game could be up tomorrow on T+2, especially with a gap to 56c or so....all possible in this stock.
-GG
Naked Short Squeeze Time, page-16
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