Do the math - If all shorts cover it only goes to 19
There are 60% shorted, if all of them cover, this price moves to 19. That's as high as it can go short term. It will take quarters of earnings to boost investment sentiment beyond 20 dollars. Think long here but it may take years.
That's the new math. What happens if news comes out and the stock jumps to 20? All the shorts scrambling to cover could then push the stock to 25 easily. I am not a shareholder yet but I am watching closely and plan to be soon.
Right Magictoaster...he sounds like another short trying to act all innocent-like, as they tend to do. He's totally wrong...as the parade of up-coming news comes in it will take off. Then at some point the biggies that have already covered will use a piece of good news as a catalyst to launch the rocket, consuming these retail shorts & others.