I am not some financial wizard I just try and think. When putting myself in the hedges position I think they have someone that is dedicated for the next week to cover as much as they can as low as they can as a penny when your that deep is significant, now with a group of them trying to lock those gains its every man for himself.
Now if I am a large independent short I say I will have to get covered, because the dudes above me are so I am gonna look to get myself out banking my gains as much as I can.
Then the low end short well he is just not gonna get it til its to late, hes fucked.
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