Shorts don't chase runs unless they're really screwed.
Instead, they wait for buying to slow, and then try to drive it back down by scaring shares out of people, and then they buy at the bid. Only under the most runaway buying pressure do they buy at the ask, creating the true short squeeze that we're looking for. So the only way to get that true squeeze is to NEVER dump at the bid, because it's the shorts that are sitting there waiting for your shares.
This was a nice Leg #1 of a breakout. The shorts trying to cover in this lull. Keep the pressure on, and they'll really be screwed. And again, any time you see NITE on the ASK showing 10000 size, it's fake, and they're trying to scare others into selling. Don't fall for it.
MAKE THEM CHASE.
All IMO, long on NVMG. As always, I encourage everyone to think for themselves.
Nobody says you have to make up your losses in the stock you lost them in to begin with.
Get out of the Yugo, get into the Ferrari.