I was gone all day but checked the level 2 this morning, only to see the 355k ask at $2.50 was gone! The 100k ask at $2.60 was gone. Did the shorters get scared after they read between the lines in the circular? Or did they just come to their senses and realized the high risk they were taking? The asks were there late last night, but disappeared through the night, most likely the perpetrators couldn,t sleep when they realized the risk of shorting SLI. How dumb to even concider such a thing? It may not have been the shorters that had the huge asks there, but IMO, it was them after they put out the blog about shorting.
Anyhow, good to see them gone, we may creep up a bit ahead of news.
imo