88E Chart, page-468

The ASX limits the amount of shorts any given stock has to avoid the type of shenanigans that the US markets pull (like GME).

The point of my posts is more to do with the psychological aspect of 88E, once those shorts have been sold, new people can use /them (which can also be used as a way to cap/thicken the sell side).

So when new buyers look at the stock an see 2-4 pips above are super thick with sellers, potentially (potentially) a fair amount of them aren't actually holding, they are just shorters trying to top up (and push the price further down/cause panic selling).

You may think its pointless, I think it's essential. So we'll agree to disagree.

For more info go look at the "shorting on 88E" thread.

Also are you short or long? I like to know to determine your thought process.