When 100% of the available shares to short are shorted this is what happens. Institutional shorts will not panic as they may be hedging their owned shares. They will let it play out and then start to cover. Retail shorts will take the money and run - which we've seen this morning. I doubt more than 20% of the total short interest has actually covered. When the analysts chime in is when you see what the real story is. If they hold or upgrade we will continue the march up. Given the results there is little downside risk and significant upside. But you have to clear out the riff raff and deadwood first.
I don't read articles, as they are always slanted to whichever bias suits them....I just don't see immediate rush for folks to buy this so what might propel the pps in the shorter term...then, eventually, dilution?..as always, my fanny is killing me