RE:shortsDO you even understand how shorting works?????
You sound like you are new to this, so I will help you out a bit.
When the share price enters into an area for "shorts" to cover, that means there will be increased buying pressure.
Any company that has a bright future is dangerous to short as is, but shorts that have been unable to profit quickly find themselves behind the 8-ball waiting for their time to cover their positions without losing.
If that position is $0.50, then expect the buying pressure to increase around that point. Any lower and it will increase even more as they try to exit their precarious positions.
I highly recommend you do some basic investment research before speaking silliness here again, there are people who actualy understand things around.
Hope you cover yourself soon,
Cheers!
pystocker wrote: According to Bernard we are deep into shorts wish price zone(<$0.49), and we should see carnage at this point. So, either all shorts thing is overblown, or disaster waiting to happen. PYR drop does not help. Hope people won't panic!!