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It's not looking good for lithium stocks.

Sayona Mining falls victim to lithium downturn amid short-selling pressure
Sayona Mining (ASX:SYA) shares have sunk nearly 10 per cent today as low lithium prices hit the company
The company has been one of the most heavily shorted stocks on the ASX for months alongside Pilbara Minerals (ASXLS)
SYA is now launching a review to cut costs
Shares last traded at 4 cents

<blockquote data-quote="TimeISmoney" data-source="post: 1262277" data-attributes="member: 89220"><p>It&#039;s not looking good for lithium stocks.</p><p></p><p>&nbsp;</p><h3><a href="https://themarketherald.com.au/sayona-mining-falls-victim-to-lithium-downturn-amid-short-selling-pressure-2024-01-25/" target="_blank">Sayona Mining falls victim to lithium downturn amid short-selling pressure</a></h3>
<ul>
<li data-xf-list-type="ul">Sayona Mining (ASX:SYA) shares have sunk nearly 10 per cent today as low lithium prices hit the company</li>
<li data-xf-list-type="ul">The company has been one of the most heavily shorted stocks on the ASX for months alongside Pilbara Minerals (ASX<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue&nbsp; &nbsp; :p" loading="lazy" data-shortname=":p" />LS)</li>
<li data-xf-list-type="ul">SYA is now launching a review to cut costs</li>
<li data-xf-list-type="ul">Shares last traded at 4 cents</li>
</ul></blockquote><p></p>

[QUOTE="TimeISmoney, post: 1262277, member: 89220"] It's not looking good for lithium stocks. [HEADING=2][URL='https://themarketherald.com.au/sayona-mining-falls-victim-to-lithium-downturn-amid-short-selling-pressure-2024-01-25/']Sayona Mining falls victim to lithium downturn amid short-selling pressure[/URL][/HEADING] [LIST] [*]Sayona Mining (ASX:SYA) shares have sunk nearly 10 per cent today as low lithium prices hit the company [*]The company has been one of the most heavily shorted stocks on the ASX for months alongside Pilbara Minerals (ASX:PLS) [*]SYA is now launching a review to cut costs [*]Shares last traded at 4 cents [/LIST] [/QUOTE]

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