Shorts are trading by Anonymous Last two days volume: 2,1 million shares...
- Anonymous net position during those 2 days... -760,000 shares @ 0.83
My take away from this, they have reset there short position around the $0.85 mark...
- Would not be surprised if they have been forced to increase the size of their short bet to keep the stock from running above $1.00
- They were caught off guard by yesterday news...
- They are hoping that stock is overbought and will correct soon
It must be starting to hurt for them... wonder when they will give up?