So currently we sit at .285 and that is almost a 25% haircut off what the PO was priced at (.36). If I'm understanding correctly there is a good chance that the 5.5 million shorts that materialized could be covering at this level. Going forward they may hit the SP harder to get the lowest price they can until their short is covered but am I wrong in thinking that after that occurs they will obviously want the SP to go up ? It may take some time ( especially if we don't get any news in the near term ) but in order for Poet to secure the funds in the PO they must have said something to get their attention? What am I missing? I'm not sure why a retail holder would sell at this level ( unless you have to ) based on the scenario going forward. Regards. Crzyhors
