Shorts are now filling, or others picked up the Scent
21,500,000 total shares traded since the drop.
about 11,000,000 sold/bought
33% variable short fills
between 2.5--3.5 million shorts filled is a good guess
Another 25% of remaining short fill and normal trading $7.50-$7.75
We will know tomorrow.
I think $4.25 is the fair value today
20 million below $3.00 since May 20