Does the Streets model account for the 9.66M shares (60% of float) that needs to be bought back? Clearly their choice of headlines is designed to instill fear. Bully to the paid shills. The strength to hold a higher low today is evidence that the shorts are losing.
I believe the shorts have been covering all the way down from $12. The covering has hit critical mass imo; they are running out of sellers, ergo the Street article this morning, bought and paid for by one of the biggest shorts. There are likely a lot of dumb-money shorts in there now screwing up the game plan.
We are above the daily pviot, 7.95, bovine territory, and outperforming the S&P. Bully!