APX prime for takeover with $108m valuation and 0.25x revenue multiple, page-23

People that short, at least with substantial $ usually trade with margin. Usually a margin starting from 5 to 1. So for every $100k, they are in for $500k exposure. At these levels, every $ movement tick of the spread makes a difference, in getting out of your position given size, to seeing profits disappear the size of a Mercedes for every tick it moves.

Make it 10 ticks and you see a Rolls Royce disappear.

Know who you're playing against and join the smart money rather than fight them.

Let's see how this plays out, particularly with all these macro and general market movements.