The graph shows the reported long shorts, below shows the amount of short selling intraday, which may be closed out before the end of the day.... this is death by a 1000 cuts, and takes advantage of the trend and reinforces the trend. I can't imagine that this could be done easily by a person, but an algorithm which can see every trade microseconds before every other computer can do this by front-running. That's why day trading is so tough these days .... the algo's anticipate your every move.
Look at the column below "shorts as % of volume". I suspect now that SLR has been established as "oversold", TPTB will go heavy long and till it reaches an "overbought" technical status, then the shorting process starts again - ' wash, rinse, repeat ' .... " it's not personal, its just business ".
Next week will see a sharp SP rebound as analysts give their stamp of approval to the quarterly, most having a 60c+ valuation, albeit somewhat reduced from former levels.
MOST RECENT SHORT SALES
Data graphed above represents aggregate short sales, provided by ASIC with a lag of 4 trading days (T+4). The ASX releases
non-aggregated daily short sales figures which can be used as an indication of short sales activity within this 4 day window. These figures are released by the ASX daily and cover the previous days activity. This activity is listed in the table below, and is usually updated at 11:30am Sydney time. The table includes the most recent 20 ASX short sales updates for this stock. Alert symbols indicate the stock has been shorted more than 0.5% on the day.
|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
Column 5 |
Column 6 |
| 1 |
Date |
Gross shorts 1 |
Issued capital |
% Capital shorted 2 |
Trade volume 3 |
Shorts as % of volume |
| 2 |
Thu 19th Oct, 2017 |
251,768 |
503,771,434 |
0.05% |
5,658,856 |
4.45% |
| 3 |
Wed 18th Oct, 2017 |
70,607 |
503,771,434 |
0.01% |
3,383,738 |
2.09% |
| 4 |
Tue 17th Oct, 2017 |
148,395 |
503,771,434 |
0.02% |
2,240,805 |
6.62% |
| 5 |
Mon 16th Oct, 2017 |
16,616 |
503,771,434 |
0.00% |
1,791,638 |
0.93% |
| 6 |
Fri 13th Oct, 2017 |
181,370 |
503,771,434 |
0.03% |
743,838 |
24.38% |
| 7 |
Thu 12th Oct, 2017 |
148,989 |
503,771,434 |
0.03% |
719,262 |
20.71% |
| 8 |
Wed 11th Oct, 2017 |
42,001 |
503,771,434 |
0.00% |
1,384,401 |
3.03% |
| 9 |
Tue 10th Oct, 2017 |
140,501 |
503,771,434 |
0.02% |
701,943 |
20.02% |
| 10 |
Mon 9th Oct, 2017 |
398,744 |
503,771,434 |
0.07% |
1,411,606 |
28.25% |
| 11 |
Fri 6th Oct, 2017 |
143,119 |
503,771,434 |
0.02% |
900,641 |
15.89% |
| 12 |
Thu 5th Oct, 2017 |
325,873 |
503,771,434 |
0.06% |
1,351,516 |
24.11% |
| 13 |
Wed 4th Oct, 2017 |
272,292 |
503,771,434 |
0.05% |
585,764 |
46.48% |
| 14 |
Tue 3rd Oct, 2017 |
245,845 |
503,771,434 |
0.04% |
1,762,803 |
13.95% |
| 15 |
Mon 2nd Oct, 2017 |
110,728 |
503,771,434 |
0.02% |
1,902,322 |
5.82% |
| 16 |
Fri 29th Sep, 2017 |
94,380 |
503,771,434 |
0.01% |
1,023,858 |
9.22% |
| 17 |
Thu 28th Sep, 2017 |
243,412 |
503,771,434 |
0.04% |
679,332 |
35.83% |
| 18 |
Wed 27th Sep, 2017 |
91,274 |
503,771,434 |
0.01% |
1,103,739 |
8.27% |
| 19 |
Tue 26th Sep, 2017 |
76,840 |
503,771,434 |
0.01% |
1,211,196 |
6.34% |
| 20 |
Mon 25th Sep, 2017 |
285,816 |
503,771,434 |
0.05% |
2,226,490 |
12.84% |
| 21 |
Fri 22nd Sep, 2017 |
367,611 |
503,771,434 |
0.07% |
2,231,402 |
16.47% |
1 Reported gross short sales.
2 % Capital reported as short sold (non aggregated).
3 Total stock trade volume.
Move up will be violent imo
