Welp, someone took advantage of the liquidity and puked about 10MM shares or so this morning, why they didn't open selling dunno....see what she does into next PR.
makes sense if they never own the .85 otherwise just sell the .85 shares after the 'pump', why short? Unless the short position is a different account entirely, but wouldn't they have to report selling 2 million shares by now? 13G says 2 mill at par of
I was half joking, google alpha and all you get is lawsuits from all the micro caps they have been involved with.....oh well hopefully they can sell some gas and we get a run on.
Share are trading at almost exactly 15% discount to friday's close. Exercise price after 6 months of deal closing is 2.81..... its possible we never 2.81 again or at least for 1 year.....see if the volatility settles through the week. down market doesn't help.
lots of shorts in combo with hedgies to keep pps down for buyout?