Same strange phenom that started yesterday around noon. Approx. 90% of all buy orders bid are marked buy to cover and ask orders marked sell short.
Very little "real" buying of selling. The shorts are merely trading phantom shares at this point treading water. Very unusual deep in the money call buying as well.
It is quite possible that due to all of the reg SHO violations and fail to delivers that margin and compliance desks have begun looking into their own trading activity on this one.
Shares still priced as if the company was facing BK, and not as a 2 Billion Enterprise value with 900m in revs. with a nearly 1B plus backlog and 200M in cash.
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