The float traded ~3 times its float the day before, the day of, and the day after earnings results.
Granted the daytraders trading this several times each day reduces the actual long positions that exchanged hands but regardless, every retail investor that went long any of those three days paid ~25 or greater so all of these people are simply selling for a loss now?
It must be as there are no more shares available to short, correct?
I still just do not understand Tang's raising of estimates out for 2 years yet downgraded to sell. I don't care what currency you use, the forward p/e is silly low compared to most companies let alone the numerous that actual lose money yOy.