Day to day discussions on S/P, page-10730

Since June 2010 all short positions must be reported to ASIC daily. If you're shorting and not reporting properly - that's an offence that would threaten a broker's licence (if repeated). ShortMan uses ASIC data and just presents it nicely for us all. There are lots of uninformed conspiracy theories on this thread about shorts - best to ignore.

What is interesting tho is that there was net short selling (not covering) on 1st and 2nd of May. This really surprised me. Over 10% short is a lot and I agree a squeeze could turbo charge a move up (think how much it's risen whilst shorts were still selling). Got to say the shorters do have conviction tho as they continue to short despite the renewed interest in the sector. They also seem to be playing a long game (pardon the pun) than just a short term trade.

Will be interestng to see what's happened since 2/5 as the data is available in days to come.