I thought it might be worth highlighting short selllers role as they have destroyed the share price momentum in recent days.
Whilst falling share price triggers sell orders, rising share price should also trigger buy orders... potenial buy orders 8% of 620m oustanding shares = 50m shares
Short squeeze coming up. Assuming 2% of register feel the need to cover, that's 12 mil shares. Add to that investors who believe that the share price is undervalued. There is bound to be a mad scramble to buy. Should retrace all of yesterday's loss and more. As usual the shorts will try to push the share price down at open. Hopefully it comes back to bite them
DYOR
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