shorters covering?, page-5

Initially i thought 75c is the bounce back price because the stop loss trigger on the reserve structured warrant options is around 75C.

So the theory was go down to 45c and wipe out callers, then bounce back to 75 and wipe out the shorters.

But during last round Morgan, Citi, Scott all baggged and their stop loss at 48 was hit, but Mac's 45 was not hit. This is a little surprise to me. And mac is the only one sitting on both side of the fence and offering put options. I am a little not sure if my 75c call is still valid.

Just as a wild guess, i am sticking to my 75c prediction and keeping an eye on if any new warrants are to be issued.