That's right. And it's just very thin. I know from what I'm holding and a handful of others that the float is pretty well soaked up. No one wants to sell, and it's getting much harder to accumulate a decent position without simple slapping the ask and taking what you want before further movement.
I should know, I've added millions of shares at higher and higher prices over the past weeks, simply because I didn't buy enough when they were dangled out there at lower prices. Bought a lot yesterday and more today. ASCM has been doing a good job of making the market today, but never gives up much before moving to higher prices.