RE:RE:WEED CGC and ACB UP and DOWN Zzzzz??? UP and DOWN ZzzzYou have to consider that there's more traders than yourself who sold short and are now trying to buy back. The difference is they are likely not going to risk their profit so that you can avoid a loss.
A short cover relies on buying shares from those who hold them. If they all opt to jack up their targets shorts are forced to follow and increase their bid to cover
They're literally under contract to buy.
Trading is easier when you know the full set of rules.