In the biggest day of trading in the last 3 months: 42,620 in total....the PP Warrant dropped 9 cents or 15% to $0.51 cents per.
Its not a lot obviously, 42K or so....but I think its the biggest volume day in over 6 months from eyeballing the chart. Up to May 31st the short interest on the warrants was a piddly 300, which I hadn't checked because before because it had been at 0 since Jan 31st:
Symbol |
Report Date |
Volume |
Change |
Shares Issued |
% Float |
T : RVX.WT |
2018-05-31 |
300 |
300 |
2,552,489 |
0.01 |
T : RVX.WT |
2018-01-31 |
0 |
-900 |
2,552,489 |
0.00 |
T : RVX.WT |
2018-01-15 |
900 |
0 |
2,552,489 |
0.04 |
So maybe instead of going after RVX, shorts might be trying to shake free some warrants I suspect....any port in a storm.