THANKS ANYONE with a real answer
The next catalyst is shorts scrambling to cover to meet margin calls. Given the huge short interest here share price should move upward significantly.
you'd think if there is another run up tomorrow it'd have performed better below $51
After the huge pop ten sell off, It basically went up and down for most of the day with a net sideways action.
I wonder how much margin call short covering there will be tomorrow. Likely some, but I bet not as much as the last time there was a 2 day double pop.
The next catalyst?
There is a presentation today in 1 hour and 20 minutes.
That's your next catalyst, and there is a tiny action with a relatively tight spread in the afterhours. This is not typical. I suspect a couple of people are trying to position before the conference.
Stay tuned. The conference could move it afterhours either up or down, depending what, if anything, might be mentioned about a NDA to the FDA.
Put on your seat belts.