This development just might give us a glimpse of how they got the PPS to where it is. Remember the 20mm share block on day of CC and the big dump today? My guess is those blocks were converted shares being used to cover short positions and shorting is being used to hit target stock prices. Again just guessing and FWIW
Hedge Funds Prepare to Reveal Short Positions
The SEC will keeps its information private for two weeks. After that, the information will be disclose to the public on via online Edgar filing system.