Not sure you are right on this statement. Your price estimates are always wrong...but there are times when you are right. But in this case, the short interest did not just increase yesterday, it doubled...the somebodies shorting it, did not do that because they feel it is going to remain at this price level. Just saying...
Agreed. I'm not even sure Mnuchin will orchestrate release at this point. Based on him going silent seems to be a good reason to believe he's brokering a deal with his GS boys.