The current share price is a direct result of the shorting of the stock... you can see that the peak was on 23/10.. and interesting enough, that is when the shorts started to pile in. This share drop has been on low volume further supporting that the dump is directly related to the shorting. With 85% of the holders being long term insto's, all we need is a couple of positive news flows and the shorters will be trapped and when they exit as long as the sell interest is low, the rubber band will bounce back very hard. I am not letting this share price deter me to put my shares up at low prices as it will play into the mind games of the shorters allowing them to exit their positions in profit. The less depth of shares to sell into, the harder it is for them to exit their positions.
By my calculations the shorts have equated for 24% of the trading volume between 23/10 - 08/11.. not factoring in the bot volume churning, so its more likely to be about 40% of the true trading volume.
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