shorters covering?, page-3

A couple of weeks ago, I said i am still bully with LNC but I made wild guess that Lnc is going to hit around 45c. (sp was about mid-60 back then)

I made that prediction purely based on the stop loss price of structured warrant options. I am not claiming that i am expert or i know anything much about these things.

sp hit 46c low and closed on 48. 6 structured warrant options with 10m each disappeared . Whoever bought those options got wiped completely due to stop loss trigger.

I think CITI, Scottland bagged the money. I think the incentive or pushing sp down is gone since the only ones left is Mac and it sits on both side of the fence.

Is my theory correct, or i am just making up connection between 2 completely different things? I don't know. Just a personal observation.