imo a 20M share short was initiated at .195 and covered at .085, thereby netting the shorts $2.2M in profits. throughout today's session they scared retail shareholders into loading the bids of AYME, BMAS, PUMA, RAFF and all the other MMs who were bidding this stock. jmho.
shorts have a lot of leverage on days like this -- they convince retail sellers there's panic in the market, but it's actually just a "bear raid", and imo they planned this terror campaign well in advance.
what we saw today was nothing short of robbery, but imo those who have done their DD, and keep a clear head, can use this opportunity to make bank.