It just does not make sense that someone dumped hundreds of thousands of shares and we close on green.
But it does. A shorter, at this stage, would only be interested in one thing. Drive it below $1 and cause a panic.
You are not seeing CDEL and NITE on the ask now. The spread was very large. They were shorting once, undercutting CANT, but they are covering at 1.02 now, for an easy 10% or 15% profit. So that's the kind of activity you can expect from shorts, because they are traders.
CANT is the dumper.
During the final days of dumpage, on high volume like today, you could even see the stock end green 10% or more. We have been here many times before, in 2014 and before. When $3.50 was usually the bottom. We would have massive volume days and end the day green. That's when you know dumpage will end soon. So, yesterday and today we didn't really get it. But who knows. We still ended green today.
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