If it drops, we shall see a big correction, as you know for $6 price up, only 50 k support the trade. Too much manipulation by the market maker.Check recent PBYI and ISRG price move.
Make profit on the long. I don't think anybody want to buy it at $223 level and dreaming to make more. With offering price $191 and price jumped up to $230 and the short % is very low. It's more likely the share will goes down by the end of he day
Looks like a Buy Cover.
No any news comes out, and I don't think these guy will risk the money, at least he can wait a little pull back if he really want to jumped in
Pre-market up 3.8%. Shall see a squeeze today.