That's exactly what's going on. They shorted way to fast and are hoping for a reset but from looking at those charts as of close Friday, they won't be collecting any more of those any time soon. It was way to early to get out.
I told friend who's trying to buy a few million on Monday just slap the ask.. doesn't matter if it goes up or down or a few ticks.. in a week/month it's not even going to matter where you bought...imo