I am not as certain about the short covering rally. I did a bit work trying to understand how these things work and generally the shorts will cover off market in a deep pool..... thereby not affecting the price.
I have no doubt that BDR is going to recover .... but not because of any short squeeze imo.
KCN Price at posting:
73.5¢ Sentiment: None Disclosure: Not Held
MML Price at posting:
68.0¢ Sentiment: None Disclosure: Not Held
NST Price at posting:
$1.26 Sentiment: None Disclosure: Not Held
RRL Price at posting:
$1.57 Sentiment: None Disclosure: Not Held
EVN Price at posting:
58.5¢ Sentiment: None Disclosure: Not Held
BDR Price at posting:
22.2¢ Sentiment: None Disclosure: Held