Probably,
Weakhands only if bought above $7.50 given the instos/funds bought at that price.
Now it is below $7.50 and so getting cheaper than what the instos/funds paid for.
Of course.. like any other shorts. Those shorts needs to cover eventually! - if someone dropped a nice 6 figure investment and buy all up to $7.50, then the shorts have no choice but to cover above that price, therefore pushing the price even higher.
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