Absolutely and it's quite common to see probably taking at these levels. But the more profits that are taken and the wild swings that we are witnessing to the downside indicate that the weak hands are being flushed out, allowing for a nice base to short squeeze off of
We are now back down to $1.17. Expect some volatility due to profit taking as well as new shorts that are attempting to keep the price down. But we get any type of positive news developments out of the Court proceeding and there really is nothing that shorts are going to be able to do except buy to cover