crazy price, page-27

primaus

I gave up watching the shorts , as it was driving me crazy, but in the period 26/5 to late August , the average amount was 30% of daily turnover was short selling

That is very significant

On the other side BNP lost a fund manadate which as a result added around 5m shares to the sell side at a time when markets were in free fall .

Not sure how many of these shares are left as the disclosure is sub 5% , so the new manager doesnt need to report , however looking at the selling side , it seems almost every day the sellers are short lines or this seller , and in my view its very close to finished .

Any good news and this will snap higher with coverng and new managers wanting back a core holding in a stock that f it has success will quickly move in to the asx 300 , and need fundies to take positions when the stock is out of sellers.

Shame i ddidnt buy now instead of at 90 odd , but omg who could of seen this market capitulation .