FYI ... IMO the short levels on BKL are drastically closing...

FYI ... IMO the short levels on BKL are drastically closing out... this one of the main reasons the SP surges are quickly dampened.

As of Wed 13th there are is a rough aggregated amount of shorts of 586K

http://www.shortman.com.au/stock?q=bkl

Since Wed there has been the below short sales (in my opinion closed out)

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0	Mon 18th Apr, 2016	119,761	17,225,156	0.69%	174,595	68.59%
1	Fri 15th Apr, 2016	100,399	17,225,156	0.58%	126,544	79.34%
2	Thu 14th Apr, 2016	73,701	17,225,156	0.42%	123,502	59.68%
3	Wed 13th Apr, 2016	64,486	17,225,156	0.37%	131,763	48.94%

This would leave a much reduced aggregate amount of 240K which is neglible as less than 2%

If the above is correct ,(and we wont find out until this day next week) this would be extremely promising news... it would seem that the short positions are seeing a bottom and closing out quickly.

On the other hand, the increasing short positions of BAL (which i bought on Monday) is a bit of a worry for me

any thoughts?