Shorting SCRN What's going on seems counter intuitive to shorting a stock. Those shorting would have jumped in to SCRN early on when it made its way down, I think. They would then have already covered their position between $.07 and $.08 .....unless they seriously believe there is still room for it to be driven down further. With all the great news this seems highly unlikely.
It's also hard to imagine that day traders (penny flippers) would hold the volume of shares that keep showing up to block any upward momentum. I appreciate that trying to get into the minds of investors is an unbelievably in exact science ....but nothing makes sense here. While there are some very low volume trades it doesn't accounting for the dumping on the Asks.
The Morningstar analysis (algorithm) hasn't wavered from $.14 or $.15 in weeks ....and that's unusual as most Fair Value projections fluctuate a little based on market activity ....particularly when there is downward pressure on the stock. Definitely a challenge to make sense of this.
GLTE!!!