Riddle thisWhy have Short holdings recently dropped while prices rose, and then holdings rose while prices dropped? This is activity is completly at odds with the profitability of a Short trade.
The Short trade appears exhausted or at the least cautious while attempting an orderly exit.
Alternatively, could it be some gambit, with the Streets prepping for a leg down if JJG pulls a troll out of his September Earnings call rather than point to the field of multiplying bunnies chon jenh long ago indicated before casually putting off for 5 years as he spent $3B on Cylance.
Time to make hay, JJG better feel the pressure, because if he doesn't less than 12 months from now BB will be a completely different corporation... probably busted up, parcelled out leaving billions on the table for the next owners to reap revenue doubling and triplings... the investment has been made, now the profits will spin, WHO IS IN?