My opinion, the debt holders are selling as many shares as they can, as fast as the market will absorb them, at the best possible price.
What I see on level 2 is that they hesitate to sell below about trip seven but, they do let a few go lower than that when they can without setting trip 5 or 6 as the new bottom. In my opinion, if they could have gotten trip 8, they would already be gone. But, I don't watch this one every day like some.
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