Shorting an illiquid stock is particularly mindless..Which is part of the reason I still believe much of the shorting is crystallizing gains on the warrants..
I have about 30,000 shares of Founders Metals in my margin account (among others) in which I have utilized a small percentage of margin..let's say those shares have been loaned.. For me to either throw a few more bucks in the account, or sell some other shares to cover..that can put quite a bit of pressure on someone shorting as they try to cover as 30k shares can be a bit of a challenge in an instant with the tight trading..
If Founders has the goods..there should be no concerns about shorting IMO..simply semantics and more fire works down the road GLTA