The fact is that the people that bought the shares up to 11.48 bought based upon research and knowledge. Institutional buyers, and high share buyers do not invest based upon rumor and "hot" stories and flashy facts. The short sellers story is obviously the bogus one --- this company does not make the NYSE bell ringing if the company is largely a fraud and SEC reports are not worth being falsified for what has happened so that so many get investigated and fined or penalized. Truly, these "shorters" need to be investigated and done away with for the damage they caused over the last couple of days.
why? they don't need to respond to every short trader. look at the nflx or lnkd or any momo stock its non stop bashing by the shorts, and no response needed by company, now what would be good if a analyst would come in to support it
The following was posted in the Market Pulse section earlier:
"Spoke to IR 2day b4 dawn EST. They told me that they will be pursuing litigation against the author of yesterday s Seeking Alpha article".
So it seems to me that somebody here is not being 100% truthful.