On April 15th there were 2.6 million short shares. Not outrageous, but not insignificant. I think those shares have to start covering soon. I don't see anything taking this stock down anymore. It has been down for too long and with the rise of the number of shares traded per day going up, shows that there is a lot of new folks getting in now.
I expect a real significant rise here, not just 6%.
Does Warren Buffett buy cheap stocks and know precisely when they will see true value? No!! Buys when cheap out of favor and holds while the company continues to execute and deliver for longer term appreciation. This is the early stage of a cheap rebound story. Investors still looking to the past for answers. Eventually we will move to future growth and potential. Sales and earnings growth beginning to pick up. Plenty of cash on hand. Two promising late stage products with potential PDUFA's coming in the next two years. I've had similar situations pay off big in the past, you never really know when they will trade higher.
This may be one of the most promising that I have seen yet - PERFECT