RE:Many average traders today ,I think that the 'shorter' was very brave to short a stock that had recently been rising 5 to 7 % each day. I think back to the recent Stockhouse posts by those who say that things don't add up or that they not sure about the future of E3. These posts may have been placed by the 'shorter' to cause angst and shake average investors confidence in holding E3 stock.
I expect the stock price to keep rising in the near future and that the 'short' will suffer when he has to buy back the shares borrowed for the short.
Further, I believe that if the pilot is successful, and there is no evidence that it is not, that financing future growth will not be an issue.