Apr. 16 at 3:37 PM
$SMMT
What’s driving share price?
1) Blistering hot market. NASDQ and S&P at all-time highs.
2) Shorts covering. Substantial squeeze (margin calls) starts at
$24+.
3) Near-term catalyst (HARMONi-3 interim PFS results in Q2). Anticipation of positive results drives value and a desire to capture profits.