Shorts and long term investors got the real gift from the sky and some of them used it. But not everyone. Some shorts were mistakenly pressing even at low 7’s…based on charts. The majority of selling after 7/29 announcement was from weak holders. Too bad for them. The recent buying and especially today’s’ buying are for real, by investors, not short covering. GLTAL
On which crystal ball do you base that conclusion? You have no way of knowing what orders are buy, sell or short covering. The only factual statement you made was that short interest declined from July 15, which is exactly what I posted earlier.