Post by
jclarke042 on Aug 08, 2023 10:56am
Action
I will say I was NOT expecting today's action.Pleasantly surprised, but we need $1.61 to break out of this 6 month downtrend.
Comment by
GardenManman on Aug 08, 2023 12:25pm
Maybe shorts covering at this low level.
Comment by
CopperAndGold14 on Aug 08, 2023 6:23pm
More shares traded hands today in the US market than the entire short interest (last reported a couple weeks ago) so this was unlikely short covering.