There's a ton of warrants out there, no? Several people have observed the share count increasing each week; that's from people exercising the warrants, and they only do that to sell. I don't think it's shorts or MM's, it's profit takers. I think they're crazy, but this is an insane market with 10,20,50,100%+ gainers every day... any cash can be put to great use many different places. The large share count here is a bit of a drag on the stock doing much more in the way of capital gains until something concrete is announced, IMO.