That is very good news. Low volume short take down that didn't panic any longs into selling. Now what do they do on the heels or more news coming. Short more or cover. Hmm.
If longs aren't selling, shorts are buying back the shares they shorted. Back up it goes. If news released, even better.
If longs aren't selling, shorts are buying back the shares they shorted. Back up it goes. If news released, even better.
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