19 Trading days to go and shorts are on the rise, reaching above 35 million (4.38%) on 3rd July.
I still think that SP will rise from here close to the PDUFA date but so far that theory has failed quite a bit and the peak I was looking for, doesn't seem to be in sight now; as it always rises upto a limit, and the base is extremely low for 19 days.
Can someone please share their thoughts on what can be the thought process in shorters minds to play these dangerous games at this point?
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