Juicy and the rest of the shorts learned the hard way ...
It's called a "short trap" ... the MM's created an illusion that MAGS was going lower. While Juicy and the rest of the clan were loading up on short positions at $5.05 and less, smart money was buying ... The move higher is for real. Nothing is more evident than on a day when the mkt plummets and MAGS closes at the high of the day on very heavy volume .... heading to $8-$10 by next earnings ...