RE:Little short coveringThis company thrives on heavy short counts. Back when I owned it when it was 8.00 I noticed two weeks after the compqny started getting money from the Chinese that the short count increased significantly and that was BEFORE the big crash.
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One would have thought that the shorts would have covered when it was in the 90 cents level, or even now but something is weird about this company. Shorts increased by a couple million when it was up to 1.40 so who knows when a big covering will happen.
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This is by far the weirdest equity I have ever owned. Sold at a big loss two years ago, BIG LOSS, but bought the exact same number of shares significantly lower over the past 6 months and I hope that the company increases it' s SP over the next year to recover those losses.
But man this company is weird .... scary to own too.