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Forced buy ins, another motive for keeping a foot on the PPS
Yesterday's total was 41,400 shares @ $1.50, a 10% premium over where the PPS is trading at 3PM.
If we'd popped even just a little, to say $1.50....then the forced buy ins would be priced at $1.65...if the PPS can be kept down at $1.30 then 100 will settle the delivery failures at $1.43
Call it a 20 cent difference, that's $8,000 for every 40K shares.
