it's actually probably somewhere around 2.5% atm, as this chart is T+4
As I mentioned, this would be the week (and also next week, I'd guess) for the shorters to go hard, and really shake the tree, see what falls, and then time their exit. Some might even take the risk inherent in staying to the 14th, hoping for more delays.
The shortman chart shows they are piling in hard just now, loving the uncertainty.
It's hard to pick the bottom with a feeding frenzy like the one on display atm- but, they will exit just as quickly, so does it really matter in the end?
Difficult days though if you bought in closer to $2 and maybe face a margin call.
I'm just holding fire atm, as it may have a bit more to go. Ready to take another bite though.
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