My waters tell me there is one big significant shorter. And that shorter has no intention of wanting QIN to go belly up. On the big short of 10-12 May, 16 mil short positions were redeemed @ about 60c. That's $10 mil outlay. Why bother?
If I were that big shorter, how many more "worthless" shares would I have bought at firesale prices of 60c if I really know QIN is worth a lot more than that?
IMO
