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Convertible bonds

$Super Micro Computer(SMCI.US)$ The crazy explosion in SMCI stock prices on 2/22 and the 2/23 decline seem to involve convertible corporate bonds other than the effects of NVDA's high financial results (corporate bond value decisions and short sales for hedging purposes for institutional investors that buy corporate bonds?) Is there anyone who can explain in an easy-to-understand manner? As a stock beginner, now seems like the time to buy, but I would like to know if further short sales or declines are possible during the corporate bond purchase grace period on the 13th.
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