Where is the material evidence that it didn't? Thats whats important. Nobody is saying it happened. If it is confirmed happened, this would be under $10. You can justify a 53% move on confirmation of no accounting fraud, but not just on the word of a Keybanc analyst who has been wrong about this company from day 1.
Some of you longs seem so delusional, I may even add to my short instead of covering like I planned. No doubt this will retrace below $30.