Catalyst is coming soon and we can agree on one thing...This board is toxic on both sides "bashers" and "pumpers", but we can all agree that FDA approval is almost guaranteed at this point and should give at least a boost back to ~1.70-2.00 range.
It could happen this week but I wouldn't bet on it. One company (TH) getting their answer a month early doesn't mean PLI will get theirs a month early as well. One thing is sure, you don't want to be short when an FDA approval is coming.
So I don't know why "bashers" try so hard at this time. Just join the speculative run or sit on the sidelines so you can short again in april if there is any delay...