New all time high, page-378

Yes, big holders sold too but they don't sell short They have shares so t hey just sell. The shorts borrow shares and sold short. I remember one of the highest report of daily short sale on ASX for IGO was about 11.x million shares in one day. That's pure gambling and it was at a time when the price was not much higher than what it is now. So, these shorts ellers are struggling to make any profit too. It's a game that won't end well when the metal prices go up. Miners who don't survive the downturn will close and taken over by the ones that survive. IGO has no debt so it will survive and probably take over some others by the time the prices recover.