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Pre-approval 06/26: $14. Post approval : $30+Reason being, if not delayed in last 1 week, price will start pumping up in last week..
There has been lot of short covering this week. from 40 million short now in the single digits
"from 40 million short now in the single digits"Not at all. The heavy volume the last few days is not due to short covering - if it were all short covering - the share price would have skyrocketed.Some large players are getting in, and the HFT are chruning the shares at the same time. There is short covering, but we'll still be above 30M shares short on 6/26.
I don't think that single digit figure is a valid number, that is a daily number from MM's, cumulative number every two weeks.
I thinking you are slightly off Pre-approval --> single digitsPost approval --> 15 - 18Post sales number --> 22 +