RE:nervous shortsShort sellers launch multiple and repeated attacks in waves within a ladder down price range. Dividend payout will be August 15th. Short sellers will try to sink the price again after the dividend payment and going into the next earnings release. Those who DRIP (Dividend ReInvestment Plan) will buy some shares using the dividend payments which will give the short sellers a signal to attack again on the back of it knowing that most of the buying liquidity has been absorbed.