they are running the price higher so people short the stock. then continue to pump until all are forced to cover. that's how the #$%$ make their money
well of course the "analysts" will continue to raise the price targets and all that nonsense. The best thing individual trader can do is stay away from these scams in general. Let the institutions battle it out.
Maybe not, but the banks are making a killing off of shorts. These types of stocks, CRM, CMG, LVLT, NFLX, etc were all created to entice suckers to short so the banks could gap the price up and have more suckers want to short more until they have lost so much money that they are forced to cover for an enormous loss. The banks know that the retail trader is not interested in buying this garbage up here. Of course they will gladly lend you shares knowing that they will just price the stock higher