As myself and many other THCO holders have noted, there is...

As myself and many other THCO holders have noted, there is little reason to exercise options early.

It has also been pointed out to you, many times, that the market does not NEED to absorb every exercised option - a portion of holders may decide to simply keep the convert options and not sell them come to december.

It's getting kind of boring with you saying it every other post. Perhaps you could add some new insights?

In terms of the recent SP action, a pull-back on light volume from 60c-50c (20%) from a run a 41c-60c (46.34%) is not something to be too concerned about at this stage in my opinion. To appreciate it, I'd recommend having a look at the on balance volume over the past couple weeks. I do agree though, that from a technical perspective I'd like to see some support around these levels and form an up-trend.