AG 2000' said:
SAVA running AH. Shorts covering?
I think they would cover during the cash session for more liquidity (price moves less per volume of shares they buy back). I think we saw shorts start covering this morning but then reshort when major buying volume didn't flood in. Would have been nice for this release to have happened during a nice green day. I think it'll take more time to digest this do to Fed and macros going crazy. I think we'll see buying pick up tomorrow or next week. I'm not sure how high we'd go just based on this announcement. If we get above $85 next week that would be excellent.