Well said, tracker. This is a clear sign that the squeeze is on for real. There is no way the shorts can escape without paying up for their mistake.
It is also a great lesson for doing what the business calls "Due Diligence", and of course "Exercising Patience". A costly lesson for the shorts. Before jumping in, one must always look at all sides of the crystal ball, and determine if it is wishful thinking, or sound business that the shorts are practicing.
In this case, wishful thinking is what it has turned out to be for the shorts.
Depending on how strong the hands are that hold the shares, this could easily be a $100 stock, where it is probably wise to at least take some profits.
dont y ou think somebody knew about it already? I think yesterday's huge runup was because of that. I bet someone knew about the PWC deal already. Regardless, It is definitely more upside to it from the news alone.