@Tran makes a very good point - it does look like other selling volume drawn out by shorts has dried up. I think its instructive to graph the gross shorts versus both the other selling volume drawn out and the daily % shorts versus the daily decrease in price - both show increased effort by shorts but reduced return as other sellers appear to have dried up as Tran suggests:
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Shorters may well throw more volume at GXY, but there's only so far they can push if there's nothing wrong with the fundamentals - and it will not be sustainable - imo.
Cheers, Sharks
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