Wow was I wrong! I admit to being completely flummoxed by the trading of this stock.
On the 24th, the last 30 minutes of trading the price rose $40 to close at 91.75 and volume was multiple multiple millions. I think the after hours actually hit $200. The Thursday volume 149M shares - price low to high $101 to $184. Friday 91.9M volume - price low to high $86 to $142.
I haven't checked wallstreetbets to see what they are saying about this. I was watching on Wednesday when the stock started taking off. What in the heck triggered that sort of volume and price I have no idea. I mean obviously there was still a significant short interest, how much I'm not exactly sure. Is that what caused the price surge?
On a side note, I finally got a stranded 401K rolled over to my IRA so I have extra cash on the sidelines. I guess I'm back to waiting for a good entry point. Yeehaw!!