They covered it would have been a great squeeze but they covered by the 16th. Sucks is I don't know how they did it, without the pps going up more. I mean it was at 47%, was over 1 million shorts covered over half that to what it is now. It sure looks like they panicked the last hour or two and someone covered more. I'm not sure why they attacked this stock with such a low float. Terrible idea whoever it was locking up half the float. But looks like 20 beyond bud for sure here. I'll try and get the short count tomorrow morning my buddy pays for the changes each day. If the shorts covered that much the last hour, maybe news is coming tomorrow of new investments. What was it 500k in volume would have been close to 130k in short volume covering to cause that spike. Will try and find out. Just bee careful this always runs up the day of the IPO and then has died off the day it goes public. Obviously FB is the exception to any rule that could be made. I'm gonna watch it tomorrow and if it still goes up, I'm going to buy shares to sell into the FB IPO should make 20% gain on that, and still have my longs rolling. Had this wrong for sure thought the shorts had it locked, it was locked to a crazy point. Would love to know the outfit of the short that it came from. Just wish they had a monster PR to put out when it was 47% that would be a Sears Holding situation. Also where did they get a million shares to short or to cover them???
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