shorters hit the exits ...big volumes

use wide screen to view...in blue on left side of post box

SHORTER HEADING FOR THE EXITS FAST AS OF THURSDAY 19/7/12

just look at the figures for that day

the asx says they shorted 4,037,866 shares on the thursday

ASIC REPORTED that on the previous WEDNESDAY 18/7/2012 TOTAL SHORTS WERE 70,809,337 OR 8.47%

ASIC REPORTED that on the NEXT DAY THURSDAY 19/7/2012 TOTAL SHORTS WERE 57,587,572 OR 6.89%


THAT'S a DECREASE of 13,221,765 or 1.58% *********************************

so not only did they buy 13,221,765 shares they also bought back all their shorts of 4,037,866 that day

making them net buyers of 17,259,631 shares.....

and they continue to work hard at keeping the price down so they can preserve their shorting profits.......

when a person shorts a stock its illegal for them to be a holder of the stock ...they
can only buy to reduce their short position

BUT once they no longer hold any shorts...they can become a nett buyer.....BUT can NO LONGER short the stock...but they can still sell down their own stock....

So my best guess is once this lot have cleared their shorts they will become buyers

and remember there are many out there that are shorting so some will be eligible to become buyers before others.....

Things are looking better

THE ASIC DATA TELLS THE STORY.......NO ONE CAN DEBUNK THESE FACTS........