I see 6.76 as the lowest today and right after the market...

I see 6.76 as the lowest today and right after the market closed, IGO is at 7.02 during after-hours trading. That's a 0.26 move from the low for today that went steadily up to after-hours trading. The volume was high. The shorts won't give up and there are buyers. This will play out for a while. There is no way to predict what will happen in the short term. We cannot use terms like 'oversold' any more because this is frankly a war in the shorts heap on IGO stock hoping to crash it and take out the longs with it. They want to cause a panic and a capitulation for them to cover, take profit and exit. Once, the lowest point is there, the share price will bounce very rapidly and trap the late shorts from exiting. The only way is to commit more money, borrow more and sell short even more. We all know how this will end once the metal prices start to improve. Shorting a mining company that is still making a profit when the metal prices are so low and the share price has dropped over 50% is pretty insane and risky.