Pom down under
Top 20
Shorters seem very desperate as they just added around another 8 million
They did ...Big fight to keep it under 0.44!!
The ASX mafia!! always in control....I don’t want to complain about the current price; it’s more of a bewilderment at how governments always claim they want to protect investors by passing questionable laws (while in reality, their legislation only creates more obstacles for investors) and then pat themselves on the back for it. Meanwhile, they increasingly accommodate manipulators, turn a blind eye, and pretend that short sellers don’t exist.
It’s just like being self-employed, like me, or an ordinary worker. They keep piling on more taxes, treating you as if achieving something through your own effort and becoming wealthy is a crime! “Oh, you made $5 million with your company and could become financially independent? Hand over the money!” Yet, on the other hand, you see all these criminals using their tricks, driving flashy cars, buying mansions, and being well-known for their scams, but nothing is done about them. They laugh their heads off while the hardworking people keep paying up. And heaven forbid you’re ever late with a payment to the tax office… you know how that goes. Not that you don’t already know.
In any case, I see short sellers on the same level as these criminals. They make a profit from something that doesn’t even belong to them. It’s like walking into a Ferrari dealership, taking $250,000 from a customer without being a salesperson, and the customer gets no car for their money. But hey, here we are.
Buy side building up very nicely and those added to the sell seem to have been absorbed
Morning Pom
Morning Pom
According to the ASX site thay only added another 11,595,602 shares to their short position on 31st Dec ,Last Tuesday.
GOOD STUFF .
BRN BRAINCHIP HOLDINGS LTD FPO 11,595,602 1,972,467,976 .58
Regards ,
Esq.
Don't be so sure they are desperate. Its a concern that they are getting more. They obviously believe that this will be another pump and dump situation, only time will tell whether its through desperation or smart move to cover. Just like when holders avg down or up, they will do the same. Traders having their way with this at the moment, for how long? If we cn get some more news, deal regarding Tenns and 2.0 as Sean suggested, the sooner the better IMO.
A bit earlier on the same topic:The message is getting out there