Heinz that short got put on in 2 days. The 28th the day the price was set with the remainder put on Monday through Anonymous. And all of that selling had Anonymous on the other side. If it was the buyer then they took a $150 loss to have access to 5.5 million warrants at .52 which said another way would mean the share price has to be above .55 before those warrants are in the money. That is the way I would look at it.
Again speculation.
Broker Positions for C:PTK Broker #1 from 20161028 to 20161031 |
DateBought$ValAveSold$ValAveNetPosition$Net$Position
20161028 |
4,189,587 |
1,383,203 |
0.33 |
4,701,500 |
1,560,343 |
0.332 |
-511,913 |
-511,913 |
177,140 |
177,140 |
20161031 |
822,684 |
280,053 |
0.34 |
1,183,000 |
402,589 |
0.34 |
-360,316 |
-872,229 |
122,536 |
299,676 |
TOTAL |
5,012,271 |
1,663,256 |
0.332 |
5,884,500 |
1,962,932 |
0.334 |
|
-872,229 |
|
299,676 |