NVX Chart, page-3550

Shorts currently at 5.47% on shortman, placing NVX at 27th on the ASX most shorted list.

Due to Morgans' downgraded PT and change of buy to hold rating, and the fact that the abovementioned list has a five day lag, we will rocket up the list in the next two days. Shorts last Thursday were 10X what they were on Wednesday and still strong on Friday.

With all that in mind, and the increased manipulation and bot activity that it brings, despite the low volume yesterday the SP held very well. I've noticed a large sell order which is offsetting the large capping buy order that's been hanging around for weeks. That says that there is at least one party trying to counter the hoard of shorters.

IMO there will be a big announcement this month, so things could get interesting.