Short Interest RisesThis can turn out to be a very good thing. Overall the short % is still small overall, but the last report has it around 3.8 mill...these guys have to cover at some point. Assuming Peter comes through (as he has done so historically) the shorts covering combined with longs buying can result in a recipe for a sky high share price!!! I'm assuming the uptick in shorts was due to the financing...but little did they know how little dilution would be and hearing Peter say that 90% were institutional investers probably has those shorts schitting their pants. Should be an interesting few months ahead..good luck to longs!
all imo..long Pat