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trocprofit

05/09/22 11:05 AM

#468314 RE: Bob_LobLaw #468312

Certainly a possibility with this run up. Many might have requested conversion, and while awaiting shares to their accounts, covered their short positions.

FeMike

05/09/22 11:09 AM

#468316 RE: Bob_LobLaw #468312

Agreed, unfortunately.

There are alot of shares exiting right now. For this much volume, the price should be up. Positions are being closed - real positions, not swings. Question is why; it is a perfectly reasonable price to deleverage at. Even if you're holding mostly long, if I've got warrants at $0.10-$0.30 I'm probably taking sizeable profits before an extremely volatile binary tomorrow. I suspect (hope) this is the case.