RE:RE:Anatomy of a Short AttackThat very well could be one reason.
In a stock like this, not a huge market cap, and normally relatively thin volume, it can be simple for a short to hold the price for a significant amount of time barring any other news (weeks to months).
If someone is accumulating at these prices they are licking their lips right now. I am preparred to wait out the shorting and let the earnings speak for themselves. The shorts can only distort the price for so long before smart money moves in, whether investors, or competitors looking to take it over.
The only reason I am not just ignoring this stock and checking back in a few months is that I may add to my position if the price remains depressed or gets pushed down any further.
Also, the information I quote is publicly available. You and everyone else has access to it.