You dont have to sell SYR to me, Im sizably invested.
I wouldnt overcomplicate shorting. Instos will borrow shares off their broker mates if they can create storms to drive prices down via false or misleading articles in the media like we have recently seen with Lithium. . Fluctuating commodity prices is another one they play on. SYR seems to be their No1 favourite stock to short. Its as regular as clockwork.
Look at the 5 yr chart. SYR was on an upswing to $6- 7, until the Jan/Feb corrections came along. That should resume once this correction levels out. Graphite is one of the big 4 minerals in the Lithium boom, and a good space to be in.
SYR
Price at posting:
$3.18 Sentiment: None Disclosure: Held
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