Money mine mention, page-131

WOT, read Invertedva email earlier today around how HFs cover their shorts using the rebal as Index Funds sell those companies exiting the 200. The analysis is spot on. Maybe a few HFs hold onto their shorts as they are betting on a cap raise, however dont be surprised when you see the short % drop materially in the coming days. FWIW, i believe the company when they say they wont be going to market to raise and they certainly wont do it at these prices if they dont have to. I expect to see more clarification from them on financing in the coming weeks - we have assets, you can raise debt!

I agree with Invert that it is key for STX to get past the rebal process as we are beholden to the HFs currently. Once clear, they will move on and allow STX to start trading more towards its fundamentals.

There are some material catalysts coming up, June feels like a pivotal month for STX and if things fall our way, these prices will be in the mirror very soon.