I've been following this stock for some time, and I think the numbers your posting validate my gut feeling, that is, that we are at an inflection point of some kind right now. As always, watching the wacky trading pattern of our stock. Thanks for the info.
IMO they will continue to cover heading into the IBS data but they won't be able to cover the entire 9 million shares because there isn't enough volume
I believe that once we get the pop from the IBS data they will pile back in and re-short to dollar cost average "up" their break even point. They will use the shares they cover here for this "re-short" at the higher price.
This is the only play that makes any logical sense to me because there is no way they can fully exit at these levels.