100% agree Hottuna... if the reported short position are accurate i don't see any significant movement (although it does trail by an number of days here). Games are being played with this one though - that much i am sure of. I did notice that all of a sudden buy orders dried up from the millions to on a couple of hundred thousand on the day of the fall.
Clearly a large buyer dropped out on that day for whatever reason (or someone wanted to make it look like that?) - possibly a long to short momentum switch?
I have also see very large orders on the sell - pop up at open only to disappear moments latter... I'm guessing these are all trading tactics to increase volatility- either for trading strategies.
In addition i note a lot of activity using small trading lots - not sure if this is unique to ACR or just the way the exchanges operate these days. these small lots have aggressively pressed on both the buy and sell sides lately (possible chasing momentum?) and could be is automated trading strategies?
I'm not a day trader so don't really care that much - but would be interested in others thoughts as to how these factors are impacting on ACR all the same?
Regards,
mita
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