Guys check out this interesting fact here. That day we dropped 31% was shorts covering. You ask how do I know? Because you can tell they exited their position. Look 30 days the day of the presentation and one day after the presentation. Then look the last 2 days yesterday and today. Notice the difference I sure did, and I'm sure you can too for RXII.
Jul 17 6.58% 0.17 0.15 0.16 -5.88% 64,942 987,168
Jul 16 7.51% 0.17 0.16 0.17 0.00% 56,855 757,496
Jul 15 27.15% 0.19 0.12 0.17 -10.53% 713,482 2,628,094
Jul 12 48.69% 0.21 0.19 0.19 0.00% 699,601 1,436,950
Jul 11 53.30% 0.21 0.19 0.19 0.00% 1,129,492 2,119,303
Jul 10 72.41% 0.20 0.19 0.19 0.00% 596,768 824,141
Jul 09 33.49% 0.20 0.19 0.19 -5.00% 217,874 650,627
Jul 08 48.82% 0.20 0.19 0.20 +5.26% 429,597 879,938
Jul 05 60.07% 0.20 0.19 0.19 0.00% 283,593 472,137
Jul 04 0% 0.19 0.19 0.19 0.00% 0 0
Jul 03 62.11% 0.19 0.19 0.19 0.00% 87,256 140,480
Jul 02 53.20% 0.20 0.19 0.19 -5.00% 110,769 208,216
Jul 01 57.29% 0.20 0.19 0.20 +5.26% 397,123 693,159
Jun 28 55.68% 0.20 0.19 0.19 -5.00% 119,175 214,019
Jun 27 60.48% 0.20 0.19 0.20 +5.26% 308,391 509,941
Jun 26 61.70% 0.20 0.19 0.19 0.00% 209,659 339,815
Jun 25 51.36% 0.20 0.19 0.19 0.00% 127,537 248,331
Jun 24 43.58% 0.20 0.19 0.19 -5.00% 153,964 353,293
Jun 21 40.97% 0.20 0.19 0.20 0.00% 274,981 671,123
Jun 20 27.76% 0.20 0.19 0.20 0.00% 143,316 516,239
Jun 19 55.42% 0.20 0.20 0.20 0.00% 552,032 996,028
Jun 18 57.89% 0.20 0.19 0.20 0.00% 93,250 161,085
Jun 17 57.39% 0.20 0.19 0.20 NA 102,437 178,492
Do you see it? short interest after that huge drop on Monday dropped from being 60% short daily volume each day down to 7% short volume each day! The evidence is clear folks the shorts covered!
