you are not delusional or predudiced, but bitter that you lost money on this stock and it is probably higher than your exit price.
"Shorting for PLA was only 324 678 shares, 0.6% of PLA capital" this on a day where volume was 6.6mil and the price rose 25%.
If there was conviction that PLA was going to sink to new lows then shorts would have loaded up at the top.
From what I can see shorting PLA has been non event for the past 14 sessions.
The serious shorting of PLA occurred first half of Mar where the running total was 3mil odd peaking on the 15th at 3.4mil.
Total shorts positions up to 1st June is 516k. Now looking at the last two day of gross shorts 324k (6th)and 340k (5th). Imo there is maybe total shorts of 1.2mil.
Today and yesterday was not short covering.
PLA Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held