Ramp it down means ramp it down. HFs who play the PM equities, espec the lightl traded mid tier
can short with near unlimited abilities or any restraint financially 50:1 leverage is commonplace. I feel the stock was short at the 10-11 range and they planned a barn burner finale to the low 6 when it presented itself as feasible. I think the covering [process begins here to late 2nd qtr
In the last few days we had some straight forward selling from funds and so did other pm -miners/streamers.The reason is this. The Mexico mining bill is going to pass. Mexico will start charging mining companies already operating or planning to start up in the country with royalties aimed at benefiting local communities .EXK is already doing that. See the awards and praise that EXK is getting from communities and the Mexican government. SEE the recent press release from EXK.
The SEC has just nailed a Bay area hedge fund and has a few others under close watch. It appear that they use Ya message boards according to the article. PMs and bio-tech. It's about time that the SEC got tough. In another article it state that the government is watching many stock message boards.