Absolutely right! The second trading day is usually the follow through with short and cover to get to the accumulation target price and try to get true capitulation. I figure up to 4,000,000 shares shorted then covered today with the rest from retail traders and some long trading positions following suit. They were attempting to simulate a sudden leak of bad news when there is none. Friendly warrant holders and real tax loss moves didn’t do this. This is what you keep dry powder for to take advantage of. Planning on buying more Monday and possibly Tuesday if their targets are close to where I think they might land. Best wishes.
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