RE:2.15 and 2.49 Support that... CRE management basically gave them a free card. Further, no need to cover as shorts most likely got shares at $1.75 with the free warrants @$2.50 from the last raise. So short now, down as much as you can and cover below $2. If it goes up (deal in 2022?) they cover with the shares/warrants by making money again. It's a win-win for them …and the tax loss selling season - that will be a bloody one if no further announcements.
The only way to break the cycle is to have JSL make a deal above the market value! He said that in his interview and was the reason not to sell at $2.50 and keep the pain on lol. He better deliver on his promise but it will be difficult for 3-4 months to watch CRE stock.. just hold onto your shares and cross your fingers that we will see $4 at some point in Q1 2023.