Street saying main catalyst for aggressive rally was panic short covering due to error in some holders calculating post consolidation holding, and consequently selling way more shares than they owned therefore chasing aggressively to cover...also exacerbated by other factors including divergent views on valuation and different holder (debt) agendas given recent recapitalisation....as to recent short sellers does anyone know if borrow is readily available???
MBN Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held