The company has a lot to do with the drop in the PPS; however, looking at the shorts shows a diffent story. The chart shows that on the 17th of May, some traders shorted the stock 30% of the total volume that day. So out of a vol of 60mil+, atleast 20mil shares were shorted that day alone. Not to add the 15-20 mil short over the start of this week. I'm not going to lie, the shorts are draining and don't have much wiggle room. I believe the start of next week will give us a good idea of where this company is headed.
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