RE: ShortsMy bet is they will be covering once news comes out and the stock is around 50 cents again.
Who would short a stock 450,000 shares if they didn't really believe this stock was way over-valued and going down.
Did you guys forget that this stock has found nothing more than others have previously, only to drop from their lofty highes back down to earth?
Are you guys trying to find buyers for your stock? Or is it that you are the shorters hoping to short more? Or maybe you have bought into this story, not realizing that its been told before by other companies in the area?
All the signs are there for this stock to continue going down.
I just want to make sure you are aware of it, so you had the opportunity to act and don't look back later wishing somebody would have given you a different view; as I have seen happen to many before.