It's my opinion that they are selling stock to themselves, I called my broker and he said trading was suspect. I know its wrong but is it illegal ?
I do have a bunch of calls and stock , just after the run to $35 a 5000 contract put buy came in and then they shorted it down to $27. Someone said I was a conspiracy theorist, but one only needs to look at the trades to see how this was a well orchestrated fleecing
Conn will have a huge calls trade to offset the short squeeze then the price for the party's short will not matter they can let the stock run as high as they want without loosing anything on the position, they will have bought out the company with the money they made on the stock.
Trading again is very strange big gaps between the bid and the ask and it comes down even though the bid is higher?.