RE:RE:shorters will do what they do... The reason is simple big boys always use the same money over and over again
The price was manipulated down:
short selling to lower the price
causing panic selling
amateur short seller 'getting' on the action
stop losses being triggered
big boys always cover on the way down so they can reuse the same money when...
until they find resistance
(they have all their money back plus a profit)
short sell again if not enough volume
repeat (panic, amateur, stop losses)
until they reach their target (here it was around 8$ if I remember right)
start accumulating at target price
They never really know when volume will pick up...that is why they accumulate at various level on the way down