Is the bottom in?, page-1536

Absolutely gassed,

It just supports my theory as to the Shorters that are left opening bigger numbers of daily gross shorts to then use as ammo to keep the share price down whilst they close out bigger numbers of short positions overall. On the 15/7, there were 982k of new short positions opened (significantly higher than the previous 5 day average of 350k) AND, on the same day, the cumulative open short position dropped by some 6.8M shares. The 982k of short positions opened on the 15/7 represents 10.6% of the shares traded that day (approx. 9.3M shares)....dropping the share price from 4.0c to 3.8c. It's not hard to see that they are "using the ammo" to portray a certain picture and keep the share price muted whilst they buy more shares to close their positions and escape quietly. Smoke and mirrors at its best!

Also funny how there has been a noticeable ramp up of the negative posts on these LKE threads as the Shorters have moved to closing their positions isn't it? If any link could ever be made, these posters would be in some serious trouble!

The Shorters seem to be running for the hills.....I wonder why? If the usual suspects on here were actually right, they would be going the other way and loading up!

Let's see what these numbers continue to do over the next week or two.

You have a good weekend too gassed.