I could see S&L hedging some bets by selling some stock during the Nov. runup with the parties in negotiations at that time........Johnson wouldn't have been necessarily privy to info at that time IMO.......I would think the timing of the sales could be easily investigated, and am inclined to believe they are on the up and up at this point with my limited knowledge, otherwise, I would think there would be further SP erosion past the established lows IMO........The short interest itself rose and fell during that time giving me the impression the MM's were hedging during that time as well......speculative but all IMO........
Regards