We're you looking at the same L2 I was? I saw tens millions on the bid and yet only 5 million dumped EOD - I call that a T-trade, not a dump ;-)
Everyone has an agenda, i understand - seems to me some would like to see this stay in this channel and will continue to scream debt conversion day after day after day.
I simply don't believe it - I believe debt was converted a couple weeks ago an now its being flipped in this channel between 3's - 5's and news will change that and some are concerned it may come to light even sooner and buyers will buy and no longer be afraid of this "supposed" continued diluting.
Its flipping not diluting - the debt is done being converted or it would have dumped on the millions that sat on the bid today at 3's not just 5 million EOD
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