short sell tracking thread, page-60

Just looking at yesterday's finishing depth.

75 Buyers for 1100677 shares vs 228 sellers for 5252000 shares. A buyer/seller ratio of over 1:2 Shares ratio of around 1:4

Looks bad and I suppose it is but...

if you look at the 5 cent range either side ( from standard commsec platform ) then the numbers are :

52 buyers for 855858 shares vs 47 sellers for 1219000 shares

Buyers vs sellers around 1:1

Shares on offer 1:1.5

So you have 23 ( 30 % ) buyers outside the 5 cent range for 244819 ( 22 % ) shares and you have a whopping 181 ( or 79 % ! ) sellers with 4033000 ( 76 % ) shares for sale outside the 5 cent range.

What's it all mean ? I have no idea but 181 people have got approx $3,145,740 laying around waiting for the price to come to them . But of course , as we have seen several times , when the price rises so does their sell price. So they obviously really don't want to sell them at all do they ?

They can't all be Blackjack waiting to get his money back .