Or... the stock price got massively depressed on Tuesday the 11th as the result of the libelous, utterly non-factual article published by SA, but since has begun it's return to its fair value in the $5 range.
The intraday low on that day was around 2.70. At today's closing price of 3.86 we've already 43% off the lows. Seems very reasonable to expect share price to continue its recovery, as the market continues to shrug off that non-factual, libelous article published on SA.
Shorts in the market now would be wise to cover, either to preserve their dwindling wins, or to cut their losses. Further, being short NNVC always carries with is MASSIVE EVENT RISK, as very positive, market moving news could be released at any time.
Not a good time to be short this stock.
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