Some "short" put a 70k ask at 2.26 and plenty of stock was purchased at $2.26 yet the 70k ask never went down. The bigger they are, the harder they will fall when the final chapter is written.All of this occurred at about 2:30 this afternoon. One might say this is "manipulation".
It's been nearly impossible to borrow additional shares since mid-May, when the campaign to get PRKR back on the Russell 2000 started. (Timing was not a coincidence - the Russell evaluates the new (and old) entrants based on the average closing price during the last couple of weeks in May.)
I'm fairly certain that the "shorts" are responsible for a *very* small amount of the trades over the last month.
Stock should free up after the 24th, when the index funds begin holding the new additions to the Russell. They are most required, by charter, to loan out stock for the additional fees (return) it gives them.