We will make the crossover at close of business tomorrow, unless something crazy happens. The 50-day at today's closing price is less than one penny below the 200 day. My Apr and Jul calls performed very well today, and I have a tasty little profit, but I'm greedy and will let it run a while longer.
today is probably the first day of any net covering and there's at least 7-8MM shares stil short. Cramer lit the fuse. When price and volume are up there's covering. Let's see what happens at $15.7 - $16 range, that will be the real test. Will AF turn on Cramer again? What else can shorts do to create doubt? I think they are out of stories to tell and tellers of their fake stories.