damdaman

PLUG dead cat bounce or short squeeze?

NASDAQ:PLUG   PLUG POWER INC
39 0 0
PLUG jumped over 9% yesterday on news (financing deal), and over 22% of the float is held short, setting up a potential short squeeze. But price is down today, suggesting the bull momentum might not be enough and yesterday's jump could simply be a dead cat bounce. I have no position but curious how it plays out.
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