Right, someone is converting shares and selling th

Right, someone is converting shares and selling them for an 8% profit above the conversion price. At some point, you would think some of the shares they convert they would hold onto for the move upwards. Maybe they are selling 92% of the shares to own the 8% for free after having gotten their money back?

Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.