Banter and general comments, page-29816

At $1.86 is when the shorters started borrowing the shares from State Street in great numbers, JP Morgan, Macquarie, Citi Bank and others. They took advantage of it being overbought and are now selling up to ~180million shares in constant waves to release shares to buy low from people wanting out, they take the profit, hand the shares back to State Street and then put out marketing reports with higher targets and when the price recovers 15% or more they do it all over again.

It will stop when people stop selling and they cannot drop the price anymore, or when State Street decide their decimated holdings are no longer worth the lending fees they receive.