E3 Lithium Ltd V.ETL

It may be difficult

[sicnarf2]

For this to go higher than about 5.70,because many that paid over five may just be happy to get their money back ?

[UNKLAL]

If you go back to 2021 when the high hit $5.73 n look at the crater that took place to the mid $2.00 you can probably extrapulate a $7-8 next move up in my opinion. UNKLAL

[TimeTooSoar]

Yeah after this beat down I think ETL will be dead money for awhile again but good tinn mj e to  bc accumulate a huge position for next run. 

[NoBigDealbcl]

This is more then shaking the tree, loose hands whatever you want to call it...

[Loughatorick]

E3 is under a short attack that aims to reduce shareholder value. E3 is lucky in that they have raised enough money to get to everything done nessecary to clear the way to have a commercial plant built. Nevertheless, the destruction of shareholder value caused by the shorts will greatly impair the ability to raise funds in the future if problems arise. On a more intrusive note, I understand that

[Loughatorick]

One last thing.... Were any trading rules broken in September before the September share issuance. If the shares were not issued to September 26, is it possible that all the borrowed shares used in the short were actually lent . Put another way, had any naked shorting taken place ? Should a complaint be filed with the securitiy commission ? 11,000 short trades in first half of September (about a

[Loughatorick]

About a thousand shares a day, not a million shares a day.. I need an editor !

[Greatvac1]

Is it true that there will be fewer shares available to short if your shares are for sale at a high value, say $10 for E3?  I've heard this but is it true?

[MrPeters]

Great posts Lough. Meat for thought.. Def something amiss with whats happening with the Shorts activity.over the last few weeks. Like you I have no finance background only common sense. I kant understand why anybody in normal trading would Short a stock trading at 5.70 with all systems go for a higher SP?? To me it at that time it would be more a gamble then prudent invesring.