Jul. 7 at 2:31 AM
$OM the percentage of of shares being shorted is becoming low. And the price is rising. It is becoming clearer that shorts are covering before the next ER, possibly with revised guidance. The positive news is that it is becoming a norm to see OM in the
$5 range, it will continue moving to 6 and possibly 7 before ER. If it crosses 7 prior to ER is opens the next leg up north of 10 because it would have broken the 200 moving average. The biggest risk: profit taking.