Ann: Ceasing to be a substantial holder, page-5

the only part of that that made sense is that BofA maybe forgot they had 4 million shares owned by another client. they may have wanted to stay under the radar like regal wants to

yes we know regal still has 45 million shares , but they have been lent out to BofA , so suggests they have stopped selling for now.

No one is going to short HIO here in any size. the stock is surely for collateral against regal loans. we are just guessing , but some of this retail selling maybe people thinking HIO is about to come under short selling attack. it isnt.