Loading ...I saw a story where a famous short seller ( Muddy Waters’ founder Carson Block) came out at the Sohn Conference in London. He basically said that he has taken a long position because he feels that the company is undervalued compared to the price of Gold, and that the company has taken a conservative view of its own growth projections.
The volume is @ 10x what it’s normal daily volume is, so perhaps he’s convinced some of his followers to jump on board!