There were only two days where 1PG touched $1.35 & $1.38 during last May & June, probably partially due to Tax loss sale, but never closed under $1.42, it bounced hard after last tax loss sale and touched $5.69
The 3m block sales, likely to reduce short positions significantly, to a normal level around 1.5m, then shorting would not have much effect on the share price.
I expect to close above $1.6 today.
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