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was CUIN2

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was CUIN2

Re: Millstone post# 44454

Thursday, 03/05/2015 12:17:15 PM

Thursday, March 05, 2015 12:17:15 PM

Post# of 87250
Back over .15 today for sure. COHI is boxing the stock to short and buying pressure is coming in. COHI backer wants to short as high as possible. They are locking in the spread from the converts that they just bought. Once they are all hedged, COHI goes away. COHI's boxing is moving up because buying pressure coming in. It's just an algorithm, that tries to short at the highest pps but needs volume to do so.

Millstone
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