So on the subsequent red days after the highlighted break of the trend, shorters HAD to do this:
Posters like Pranav claim it isnt manipulated by shorters. Well sorry but the numbers do not lie.
More than half the shares traded in those 3 days were short sold, yet only 16.5% of the companies shares are held short... how long can they keep that up?
Short levels haven't really gone anywhere for the last 12 months, to me it doesn't seem they actually have the ability to borrow more shares to short beyond this point.
Personally I'm down to eating 2 min noodles just to ensure I can buy as many as possible down at these levels.
GXY Price at posting:
$1.83 Sentiment: Buy Disclosure: Held