I understand most of your points and think you had a great call on the 30's bottom. And yes I believe every short lived rally in the last 9 months have been short squeezes with FOMO (fear of missing out) investors chasing after the price as well only to see the price drop and become panicked sellers. As I said in the post I think there is a good chance we trade down from here since most of the "bids" are not new investors but simply desperate short covering with a mix of FOMO investors. So once they're done covering and people want to take profits they'll be selling into a weak bid again.
However, long term, (and any investor with significant capital or position has to be long term with a $20 Million market cap stock) I am bullish because of the reasons I've mentioned over and over again. I agree, most of the people cheering the stock on today will be questioning whether the company is a fraud or if we're in a "death spiral" again the second the stock has a couple down days again. As I said before, short sellers here just learned a valuable lesson (hopefully and probably not) and if they continue to short I will be happy to buy from them again but they are picking up pennies in front of a steam roller. Today was just rumblings of that steam roller. When it is here, everyone will know.
Agree back to the Masters!
