I didn't look at this yesterday.......so without knowing the ratio of buys and sells the short answer is.......Flippers hoping for a move up towards the .25 on the L2 and Shorts hoping for a move towards the .06.
The company is getting rid of 1.6 or something billion in debt. 8.5 mil is chump change....there will likely be huge dilution coming after the Flippers grab a few ticks of up profit.