The fact is that there's been a lot of genuine selling here...

The fact is that there's been a lot of genuine selling here ,with many obviously having misgivings about the stock .If it bounces from here it's got nothing to do with the story gaining legs or being more accepted .The stock had fallen over 50% breaching technical levels and reached a technical level where it had to bounce otherwise it really was all over .Short covering probably plays a part in that process as well .
I'm certainly not reading any more than that into it and the question now is how hard and sustainably it can bounce