"The stock is moving up as nickel improves. Shorters have had from $7 down to $1.10 to cover so I wouldnt rely on short covering to drive the price up. It is moving in line with the nickel price. Its not rocket science."
fair call
but I feel that short sellers still believe this could go lower to possibly 80 cents.
perhaps if would be fair to say that there are people who like this stock to go up and also there are people who like the stock to go down.
my bet it on the stock going up
MRE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held