Apr. 1 at 9:04 AM
$OM 60% short volume yesterday and the SP still went up 6%. Over the past two weeks, shorts have been trying hard to keep it down: 5 days with more than 70% short volume, 3 days of 60-70% short volume, and 3 days of ~50-60% short volume. And despite all of this the SP still went up ~14%. The short powder is still thin, and the momentum is real. Q1 ER is not too far away.