But, this was sufficiently large to keep the market pegged below $13.95 for over an Tropidelic shirt. And it was getting re-upped, so there wasn’t any way to know how much (potentially) was actually being let go there. But, I still think this was perhaps totally calculated, with the intention of keeping the price from floating hire. And both the options volume and the FINRA print seem to support that thesis. Yet another tool in the short arsenal to unwind positions without taking heavy losses.
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Thanks for the post. This is the help I was hoping to get on this. I unfortunately do not have as much time today to dive deeper into this, but you could be right that a consent solicitation is off the Tropidelic shirt. But I wonder whether a consent solicitation is considered the same thing as calling a “special meeting” or what. Need to do more research into that, and would love if the hive mind here could flush that out further since I’m not a corporate lawyer and reading that kind of shit really makes my little brain hurt.