Longs v/s shortsThe market seems to have found an acceptable price at $ 5.70 as the fight between the longs and shorts continues for the last few days.If one has access to Level 2 quotes one can understand what I am saying and the high volumes of large buy and sell orders.I think time will tell finally who wins this fight.
In the meanwhile the retail investor can wait and watch the price movements.I personally think the shorts will lose and will have to finally cover their positions.