its not just one hedgie dumping its sprott...they and flatiron bought 70mn shares last year...they are liquidating because they are getting redemptions....they probably have like 100mn warrants in total since they added to their position. so far the last 2 weeks 80mn traded. but i know another hedge fund is dumping and they have another 10-15mn...which means that aside from the big blocks....15mn, 22mn and 6mn, the rest of them have been done in the open market. Lets assume 50mn was done in blocks...the other 50-70mn will have to be done in the open market if blocks cant be found...which means sell pressure will last for a bit longer than i expected.