Many of those shorts will cover before next ER on May 7th, I think $12 won't be hard to go through but mid $14s will be the next big battle, the April 4th Sumit will be epic of stock price(snap in app gaming announcement to developers). Many shorts will cover before then as well. I think anticipation will bring this around that $14 level by April 5th and coil up into ER, if DAU growth is there(should be) and beat estimates we see $20 ?? cheers all
Long and strong, been buying every paycheck in my 401k since $18, average at $10.15 and plan to finally not buy under my avg cost ever on Monday. CHEERs!!!!!