Sure. I don't even know if it works, but this is what I was thinking:
(I am thinking about it in bts/usd, I dont see why that should make a difference as it is only a question of units [but I guess it might]).
BID 1 usd @ .01 bts/usd (100 usd/bts)
BID 1 usd @ .01111 bts/usd (90 usd/bts)
BID 1 usd @ .0125 bts/usd (80 usd/bts)
BID 1 usd @ (1/70) bts/usd
ASK 1 usd @ (1/60) bts/usd
ASK 1 usd @ (1/50) bts/usd
ASK 1 usd @ (1/40) bts/usd
Buy all Asks:
I have spent .0559523809 bts on +3 usd, lets call them: [ -.0559523809, +3] total.
Counterparties are:
[ + .0166666 = (1/60), -1 ] (first short)
[ + .02, -1 ]
[ + .025, -1 ]
BID 1 usd @ .01 bts/usd (100 usd/bts)
BID 1 usd @ .01111 bts/usd (90 usd/bts)
BID 1 usd @ .0125 bts/usd (80 usd/bts)
BID 1 usd @ (1/70) bts/usd
+
BID 1 usd @ (1/20) bts/usd
ASK 1 usd @ (1/20) bts/usd
These cancel, but they also 'set' the price at 1/20 = .05
The video claims that the 3 shorts must repurchase "at the new price".
[ + .0166666 = (1/60), -1 ] + (cover) [ - .05, + 1] = [-.03333333, 0] (this individual lost .03333 bts to close out their position at net=0)
[ + .02, -1 ] + (cover) [ - .05, + 1] = [-.03, 0]
[ + .025, -1 ] + (cover) [ - .05, + 1] = [-.025, 0]
For myself:
[ -.0559523809, +3] + [ +.15 , -3] (my proceeds from the sale to close out my position) = [ .0940476191 , 0 ] profit, for a + 168.0851% return.