Concerned holders trashing the stock? Yeah, right! Sounds like we've got a few of those shorters over here.
This rise is nothing. Fortescue metals rallied from $1.40 to $7 roasting shorts along the way and now a 10% rise and it's way overdone? No way.
This was sold to crazy low prices, I expect accumulation after panic selling/capitulation (and short covering) will take it to $3 before too long.