Bot Chart, page-2773

What sort of trader shorts after a massive over reaction sell off? Some were originally covered which was clever but then the number of shorts has risen in the past week which has a few of us asking wtf is going on here.
None of the traders I know would even attempt a short at these levels. It appears plain dumb.
So who does it?

1. People who have programmed an algorithm with more cash to burn than brains?
However, slightly possible if they have inside news of further downside.

2. A big fund(s) trying to hold it down to lower the value of the company? Why ? ....because Aussie traders are easy fodder?
Did they see Australian investors and traders crap themselves and are using churn/burn tactics along with shorts to capitalise on a golden opportunity to get greedy? The plan being that one day they quickly cover their shorts and then let her go?

3. Hold it down to reduce the amount needed to purchase a higher percentage of the company for a BTX1503 phase 3 partnership?

You can see this is being held down and the ammo available doesn't seem to have any limits at this point.

All it needs is a couple of big investors to take some decent bites and this will bounce like a cat on a hot tin roof.