mypenneys, IMO those short are using their short position to control / manipulate the pps between this 1.35- 1.45 range. Most likely it is the big boys like KKR / Chase others that understand the game plan and for them 6 million short is not a big deal.
They have made big $ shorting on the way down having IMO, Inside information, and will easily cover before this is ready for blast-off.
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