I completely agree and think they may still be covering. (Wearing my conspiracy theorists jumpsuit) It would not surprise me to learn that the private equity sale the other month was part of this takedown to cover. Why? Well because in those very rare times shortie covers before forced is so that they can then buy and manipulate the price in the opposite direction. Now if I where an evil hedge fund manager with MM capabilities and was going to make a short term play on CTIX here is how I'd do it:

1) Take short position in Ctix
2) gather enough shares in said company to manipulate the price down. (I have now "hedged" my bet so even if comp