Yes. When the news is enough to cause demand to outpace the "dumpers", the panic selling and short selling usually drops off. Shorters wait for consolidation near the top as well as trying to turn a profit with straight trades and panic sellers frantically switch to buying back shares. It's something that occurs mainly with low priced heavily watched stocks because the percentage swings make it a gravy train for flippers and shorters. This one will pull out of port soon enough.
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