The conclusion of the Drone Dominance Program Gauntlet Phase II qualifiers has sparked bullish sentiment for Red Cat Holdings, Inc. ($RCAT) and its derivative $RCAX. The author anticipates a potential 120% price jump for $RCAX, citing its current 60% short interest and historical 60% weekly gains for $RCAT following similar program announcements. Trading urgency is emphasized as results are expected soon and the market is closed on the following Friday.