opinionOnce new buying comes in and it will, the hostile takeover entity will have to increase their buying and the short position will continue to decline. They know that this will happen as they are aware that others of strength will begin to appreciate what is under the HAT and more news comes out. There goal is to accumulate shares as cheap as possible but they know the share price will begin to increase and they will fight to buy more shares as the price increases towards $1-$2. Of course along the way those who thought of themselves as strong hands will weaken and sell and the hostile will buy more until they announce their hostile takeover attempt. Of course the strongest especially those close to FS will buy more. I can only imagine what is going on behind closed doors.