E3 Lithium Ltd. V.ETL

Shorters?

[PuerSimia]

Any chance the relentless selling is Shorters? It seems like as soon as there's an uptick, there's a bunch more stock being dumped. I think shorting at this stage would be reckless, but who knows that others know. I suspect it's just some profit taking from the recent run up. Thoughts?

[Shackle12]

Was thinking the same but for the life of me with the pending news coming I couldn"t imagine buying short. Quite the gamble. I think it's holders taking some off the table, take their money and a few bucks for their wait.  When it comes to the market WTF knows why anybody does anything. gl  

[Shackle12]

sorry, I meant with news coming this morning I couldn't imagine buying short gll

[Yajne]

PuerSimia, IMO the sp has run up fairly quicklly this week despite E3 still remaining undervalued. The climb up Everest is never a straight line. This is just a brief stop at basecamp for consolidation before the much steeper climb ahead when pilot plant running and KPI results become public. Shorters?...now that seems suicidal on this stock, at least until E3 is at or above proper MC valuation

[PuerSimia]

I agree. Profit taking, and maybe, just maybe, a financing. A financing makes more sense. Raise a little cash with some President's List investors, knowing that the Pilot Plant is progressing better than they're letting on. It'll be interesting to see if a NR wrt a financing gets issued in the next week.

[thegreennugget]

Absolutely no need for a financing other than to line insiders pockets.