Friday’s big leg up, page-14

The other factor to remember is that NVA has had sustained selling pressure due to the options expiring. That capped the price mostly below 6 cents for the last 3 months.

But now the buying has ramped up and because the company is cashed up with $15M, there is no risk of cap raise. That's a factor that makes people (particularly traders) more willing to buy. Plus we have a lot of pending newsflow over the next 3-4 months.

I would say that a sort squeeze also occurred. So shorters burned, although @teddy_afro implied a different term in another post.

This graph will be interesting to look at next week.