It is a combo of everything. Crede and petty tyrants in DC created opportunity for shorts. There was all kinds of speculation last time this hit 2.30ish in May as well.
If you are right, then we should see at least 2,000,000 short shares covered when the October 23rd short interest report comes out. With the 5,000,000 shares we have seen covered over the past few months, there should have been substantially more covering over the past 2 weeks. Weak longs may have let the shorts off the hook at a a bargain.
News 
Market Data 
Discover 
AI
