Someone's loaned their shares out:
Cantor: 1.25M
Polar: 730K
Blackrock. 403K
The shorting rate volume is about 25% last few days; it suggests Cantor would be in there which is bizarre given the (severed) association to the lobby
Without seeing the PIPE Finance wording we can't tell if they snuck in a 'floor price' clause or enable stock lending.
Either way the short will need to be covered at some point when TS gets his act together. For a short attack, 25% volume appears to been effective - possibly a couple of days left of ammunition left to hold the price down, it obviously triggered the usual "technical" traders stop losses.
You'll note the cheer squad will go quiet... reason being it's harvesting from technical traders, and smaller punters.
Either way there is something brewing. as collapse this quick is because there is a rush to cause damage. A few punters are suggesting ~$2.00 is bottom.
TS is yet to meet with DoD, DoE Lockheed Martin - according to the 9th Feb BBC video.
Senate Committee Feedback and Questions deadline is today.
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