IMO, among the problems here are the low bidders.
Instead of lifting at 0.05...(wtf, let me bid 0.03), and with low volume, the MM get to cover, sinking the PPS.
Had we had more lifting in the 0.07 area, the MM would already have been squeezed to 0.20-.30.
Naaaaaah.
Traders do not look at squeeze potential. They don't want to promote the squeeze. They only want to jump in and chase a squeeze other longs have already created.
(Rant over...but filings could have put this over a buck. With all the covering, well be lucky to see 0.35).
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