I am not that concerned about short term SP, though 0.30 would be nice to end the week at. I am more interested in volume. I like the days where I can feel pretty certain that the legal registered short position gets significantly higher. I think I might be the only one who would have preferred 10M shares traded today with the SP flat as opposed to under 3M with 1.5 cents up. I think having more shorted shares that needs to get covered when approval hits is more valuable in the long run for a higher SP. My "Data" friend seems to think that for each 100k shares they need to cover when squeezed we will see 1 cent increase. Not sure he's right, but that could be 600 cents if they have to cover the 60M+ shares shorted. Regardless, the fact that they have to cover could move the price up to a nice level.
Bullish