Sunday, January 12, 2020 11:32:41 AM
The MM's will not be able to take it down below that because there is too much buying pressure and they need to cover their shorts.
My guess is they try to channel trade this all week to get back more shares. That might not work though.
By my count, they need to come up with 50M or so shares by EOM.
We could be looking at an EPIC short squeeze.
I think they would have to run this to close to a dollar to create the churn/burn they need.
HOWEVER, there is so much freaking sidelines FOMO it just might not work.
All just my opinion, but we will know if I'm right or an idiot by EOM
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