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PLS - Pilbara Minerals

rcw1 more like a roll of baler twine 9000m in length multiply that by joing more and more together !!!!!
 
This is a much broader correction though, it's not just PLS. CXO is down. GL1 is down after a massive resource upgrade.
This is the market repricing lithium.
 
Bought back into PLS this morning at what I thought was a good SP Since then the plug has been pulled and the PLS boat is sinking Help, help he cried.
Farmerge, I did poorly today too. Let's not let this little hiccup upset the cart.........badly executed, EDV, ELD.........the worst is not taking profit in EVN this morning.....yeah, now feeling like squealing like a slaughtered pig.........a profit turned into a loss this one (bought yesterday before close at 2.88. Forgot to pray last night
 
Hello frog, I don't know because I don't follow PLS. As a rule, I don't buy any stocks that I don't know, their business, how they trade (how they behave, ie, in movements etc... Hope you're having better luck, frog
 
Eskys let us hope that tomorow is a better dy
 
If you want to stay ahead of the behind the scenes activities on the handful of stocks that have the ability to bounce back up due to their potential you need to watch the movement of shares, both who to and then who puts out the appropriate news to suit.

State Street are in and out of this regularly and provide stocks for shorters who then publish a bit of negativity as in the extract below from an earlier post.

PLS has over 110 million shares being shorted, LKE 122 million and CXO 103 million.

Next time it runs up it will be Goldman Sachs, Credit Suisse or JP Morgan etc (read the report and you will see the potential purveyors) who will provide the negative "opinion" to suit their process.


Extract from State Street "Becoming Substantial Holder" report on 9th of this month.

 
Nope, it looked that way but all their buy orders went in at the last minute prior to it going to the ASX50 on Monday.

All of the shorts are out at the close and that should be the turnaround trigger.
The depth action was amazing from a minute before close.

 
Massive volume again today, but happy to $4.10 as the closing SP I'm still hurting until it gets into the high $4's, of course if greed overtakes need, then $5 plus even better

Nope, it looked that way but all their buy orders went in at the last minute prior to it going to the ASX50 on Monday.

All of the shorts are out at the close and that should be the turnaround trigger.
The depth action was amazing from a minute before close.

View attachment 150552
 
Ah Boggo we can live in hope that PLS will return the heady heights of a few days ago !!!!!

It will however these previously quoted mobs will continue to do what they've been doing for over a year now.

I still find it amazing that any financial organisation can legally move a price that far away from its true value at will and then have their subsidiaries publish comments that enhance the distortion to their advantage.
 
Boggo, obviously "friends in high places" no one brought to account, just the peasants who suffer
 
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