I hate to say it but fdfd may be rightThe only way I can see the shorts covering their position now is to knock the stock price below 28.00 (and not break even or get burned). Though the chart is broken presently, that is MAJOR support. If we can not hold that number, there will be lots of selling. We are down again 2% when pharma is up. 20000 buys raise this 30 cents and 5000 cross traded sells brings us to the same price. We can not win this fight without a white knight even with the company on sale. With the charts this broken, I can't see a white knight coming in in any other form than a buy-out. The cavalry would have arrived already.
so I'm back to the point I made yesterday, we need to either support our SP at 28.00 or at a higher price short term with cash flow or we need to wave the white flag, lets these vultures knock us down to 23-24 dollars cdn so they can cover and move on and then get busy with our plan for the future post short attack.
I hope we circle the wagons and protect our SP. I not even sure great ER results alone will get us what we need in SP appreciation.