I see 13 as a bottom. Where do shorts cover? There are an enormous number; over 25% of float. I think it's over 26 actually. So, do they cover now or later? If it hits 13 a couple times and can't go lower, heck, it might take months for them to all cover; and even that would be a gigantic short squeeze. I believe the ratio is over 15.
When do all these shorts cover?! I see a quick run to 15.50 or some such.
Don't sell the shorts short. They research everything, even more than intys.
They hedge with options. They are the smartest kids on the block
And speaking of instys MSN latest tally is only 32% of shares out AND sold
4.6mm sh more than they bought. This is not good. Be careful here.