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Hi Dawson, shorts are trapped in PSIG because of the day 2 PM and opening dip and recover, correct?
@@ruili5097 Beauce of the day 1 move. A popular pattern for short sellers is shorting day 1 gappers. Volume dropped off and the price held up. So there was no opportunity for aggressive shorts to unravel their position
Hi Dawson, shorts are trapped in PSIG because of the day 2 PM and opening dip and recover, correct?
@@ruili5097 Beauce of the day 1 move. A popular pattern for short sellers is shorting day 1 gappers. Volume dropped off and the price held up. So there was no opportunity for aggressive shorts to unravel their position