Agree with you , this is no real Squeeze but a MOMO play pumped up by the right financial media types who accumulated near the $2 and fueled by these type of boards. The volume tells you every man and his dog was trading today and yes it went up but nothing like it would if there really was a large short position.
This is a dog and real money will never hold this for long as its a loser long term and the CEO is way too shady.
It may continue to trade higher in the near term if the MOMO remains but if you have 160 million plus shares trade ( over 4 times the O/S) in a day and its only up 100% when there is supposed to be a major short position it does not bode well for a going in to double figures.
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