After yesterdays large volume and price appreciation, it sounds like maybe a shorter buying to cover at his set price (the price before he starts losing money on his short trade).
No matter who is buying it's great, there are still about 3 million shorts that were placed under $7, as long as the price keeps climbing, that will just Force more shorts to buy to cover.
By Friday we could easily be in mid 7's,,,, but then, new shorts will come in and knock it back to mid 6's again … all good.
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