KNR can buy up to 2.1 mil shares wit over 700K shorted shareWith today's news of KNR buying up to 2.1 mil shares (5% of the toal shares), and confirmed 770K shorted shares (posted earlier), what do you think KNR price direction from now on. I bet next news would take care of shorts when we see 0.60-0.70 per share move.
To Short, today could your last chance to start covering KNR shares. Major news is coming and I can feel it.