Your sponsor thinks they have time to cover. And they will try anything and/or everything to try to get there. I think they are not going to make it. They will have their small victories/takedowns. But in the end they are screwed. And they know it.
Watch for a flurry of Fraudstein/Shkreli tweets. Ignore them. Unless you think you can trade. Recognize that many of the usual "negative" people you know are motivated by the fact that they are hoping that their short calls will expire OTM. You know who they are.
At some point in the next 10-12 months 60% of the legitimate shorts will give up.
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