Is the bottom in?, page-1418

gassed,

The interesting thing is that there has been a substantial increase in the daily shorts opened whilst the overall cumulative short position has been reducing....with significantly higher volumes traded. This very much implies a lot of games being played (and a lot of "ammo" used) to cap the share price whilst these short positions have been closed out.
The cumulative open shorts have reduced from 43.2M (2.60% of SOI) on 21/6 to 31.3M (1.88% of SOI) on 26/6......that's a 27.5% reduction in open short positions over the last 3 days reported on Shortman. The 5-day average trading volume up to 21/6 was 7.2M shares per day whereas the 5-day average trading volume the following week (from 24/6 to 28/6) increased to 20.6M shares per day. You have to give the Shorters credit - the way they are managing/staging their exit whilst keeping the share price capped (and even reducing from 4.7c on 21/6 to 4.4c on 26/6) shows what they can do with coordination of volume moves......and ramping up the FUD noticeably on social media whilst the sentiment across the Lithium segment is low. It's all there for anyone to see if you look at the data. I wonder why they are doing it now? Has it run it's course and they are moving onto the next segment to destroy?

Let's see how the cumulative open short positions (reported on Shortman) behave over the next few days to see if they continue to close short positions at such a fast rate. There could be a message or "tell" in the upcoming numbers.