Banter and general comments, page-27448

Also a few other things to point out.

On March 23 our SP hit 75c, with the shorters at 10.14%.
Our SP proceeded to rally more than 50% to $1.2, with the shorters covering slightly to about 8.8%.

They were clearly not happy with the uptrend, so they shorted it back up to 10% again. But this time they could only get it down to $1. Compare that to March where we were at 75c with similar amount shorted.

Clearly the neutral SP is clearly in a much better position compared to just a few months ago.

The shorters have nowhere to go, and those that entered under $1 would be sitting on huge losses. There are a fair few of them, including those that shorted from December to March.

They don’t have many options to increase their shorts either, as at 10%, that’s close to the maximum number of shares they can find to go short.
So their play from here is to cover as quietly as possible, without causing any spike in the share price.
A few good announcements should put the fear of god into them and make them run for the doors though .