RE:smell 13 plusWell, I don't want to put a damper on things, but there is this Class Action Certification to be heard Jan. 15 for 3 weeks.
Once a decision is made, it will either be a short squeeze, or we get some selling pressure if it gets certified.
Certification is almost a given since the Class Action against the Ont. Gov. was certified early last year, but it only means that it has the green light to go to trial. It does not place any liability on Sienna, unless they lose at trial.
I'm guessing the slightly under 2 million short interest (it came down 140k since Nov. 30) is due to legal uncertainty.
Presently, Sienna is Overbought with an RSI of 78.41, but it can move much higher if the Judge does not Certify the Class Action in the next few weeks, or it come down to its support levels. Good luck to all here.