Read the news.
1cent earnings beat = 10% spike.
5cents earnings beat = 50% spike.
Previous record is 50% spike in a single session. Hope this stock breaks that record
Expect a big up day tomorrow.
You will not be able to cover. As I said, this is very dangerous stock for shorts. It has a history of squeezing shorts to death. Further more, this is one of wall street's darling stock. $20 is what it should be trading now after beating earnings. A overnite spike will cost you alot of money.
I thought it trades above $20 after beating earnings by 5 cents. Who knows it might spike any time. Sometime back it spikes 50% in one session. This stock is too dangerous to shorts. It will kill them instantly.
People realizing that the data is good.
Common sense tells the results are good and CEO appearance on TV confirms it.
Just dream on you idiot shorts. Data is still good. CEO already told that he was surprised with market reaction despite good results. So $61 is still on cards.