I really don't think the motivation is to torpedo RVX. As Hartland, I believe said, I agree  this decline is probably buyers of the financing selling the shares for what they can get and keeping the cheap warrants. I don't think it is driven by people bailing on RVX. 5.5 million units were sold in the financing and about 1.2 million shares have traded hands since the financing so it wouldn't surprise me to see this going on for a while yet.  I doubt if the short position increases, riskier now, but who knows for sure.