Yeah, it's very odd because of how transparent the process is. Step 1: Buy the stock with 140% short interest. -> Price goes up. Step 2: Shorts cover (This is

Yeah, it's very odd because of how transparent the process is. Step 1: Buy the stock with 140% short interest. -> Price goes up. Step 2: Shorts cover (This is the "Sell" phase for retail investors). -> Price goes up. Step 3: Shorts are finished covering (This is the "you missed it" phase for retail investors). -> Price tanks back to $15. I personally think we're either at the end of step 1 or the beginning of step 2, because we haven't seen the volume necessary for step 3 to be possible, unless you believe without evidence that all of the shorts covered outside of the exchanges. Which would be a claim I'm not comfortable making without evidence.