Not the news longs hoped for but news that is really going to piss off those shorting the stock. More time for longs who are so inclined to accumulate.
Can you imagine if a whale or two opts to establish a position? I don't think they can increase the price without causing problems and to reset at a lower price could motivate longs to buy more. Caught between a rock and a hard spot?
Stay tuned. Go PTOI!!!