I think the short have covered and moved on. It seems as tho we are trading much less inhibited now. So much for our grand short squeeze. I think management waited to long trying to capture the shorts. That gave the shorts enough time to have their MM buddies bring the price way back down so they could cover...and teh buback helped as well. Perhaps that wasn't a mystery seller at all...but a mystery buyer covering his short position. remember if you buy at the bid it looks like a sell. Works just as well for shorts covering.
Ok that's just a theory and I have no idea if it's true, but I do know that we are trading like a stock with a much smaller float.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.