Opportunity, it is just logic that says Smithline is shorting the stock. He has shorted the stock before. Moro has even stated the amounts in the past filings.
Logic says he was covering a short position when he converted the notes on the 17th and 30th of last month. The notes he holds give him the protection he needs to short a penny stock.
He could actually convert the notes and THEN sell the shares but he probably doesn't want to hold the stock. Shorting is just his easiest method. Time will prove me correct. Wait until one of the next filings show some more note conversions from Smithline. There is no mystery short. Next week, Smithline will probably have converted some of the notes and covered the short position.
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