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Tuesday, November 02, 2021 12:56:50 PM
Today they exercise, not for holding for long-term profit, but COVERING their long having been sold out warrants (via SHORTING in the past) So they don't have as many physical shares as most have thought. They use the newly minted shares to cover their long having been exercised warrants.
End of story.
The share price NOW has no way to go but up!
PSYCHOLOGY, PSYCHOLOGY N PSYCHOLOGY!
[Wake up retail, there are indeed vast numbers of warrants that have been exercised based on OS share increase, but those shares have been used to cover or deliver to balance "borrowed" shares. the impact may not be as significant as manipulator MM want to convey!]
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