As I stated earlier, deep pockets here. We can say they are...

As I stated earlier, deep pockets here. We can say they are convertible notes etc etc and look at it with positive or a negative bias depending on your own narrative.

For me I see this as people putting up $3 million and want some kind of return from their output. Wouldn't be surprised if this drifts back a little lower over the coming weeks but it comes down to who wants to gamble on the time line of news. Good luck to the gamblers and good luck to the investors. Most traders/gamblers I know end up costing themselves money (but post on HC claiming great wins in hindsight )