I think the big game here is to try and create a picture that is bad but not go over the top so those 11mill shorts can make a profit.
UBS has $1.77 on it. That's approx. 50c from where it's at now. 5.5 million bucks if you can run your algo's and cover over months without pushing the price up too much.
Shorts haven't moved even with such a dramatic surge in price. Suspect.
Lots of news articles which appear the same every couple of days from US sites. Suspect.
UBS comes out with a big discrepancy to the current SP. Suspect.
ALL IMHO
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