I think dcrowe has a point that the shorts anticipate some TXN holders will sell.
That was the very reason why exited TXN on the last day at $0.58 as i thought I buy SEA at a better rate than the 1:2 less TPD holding.
Not sure what games are going on with TPD as I only value it at $0.08 at best.
If things get silly then anything below 0.96 will appeal.
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