Here's the problem with your theory. Volume started to increase significantly since last week. Even if another RS is announced, that debt will be just about extinguished by the time it's effective...so where do you think pps will go after share count is reduced 5 - 10-fold, there are no more derivates and an official outstanding short position of 85%....and you know that number is way higher than the official count.
So RS or not, really not seeing how your argument is making any kind of sense here.