AJM Chart, page-2320

This is not the first time that 55% of turnover was shorted. Six days out of 20 the shorts have exceeded 20% of ttraded volume My feeling is still that BlackRock may be involed somewhere either directly or through a mule.It certainly sniffs of big player involvment.Perhaps the shorts temporarily disguise the id of a seller for a while.Early in the year BR disposed of a large shareholding in Orocobre and also purchased about AUD20 mill of Bacanora.
My cynical and unsubstantiated theory was BR employees sometimes work with their bonuses in mind rather than the end result and I am hoping their selling will cease on Jan 2.Lord knows they have made enough profit from AJM purchasing shares at 19c and all those warrants etc with the loan. Lets see what happens on Tues.