RE:RE:Really Harjay?" I think the point was the shorts havn''t gone up dramatically in the last many mths., in fact they have gone down.
I have no idea what you are talking about."
Apparently it's you who's a bit confused.
A declining short position in this case means there are fewer left to cover.
Shorter have bought 200,000 shares to close out their positions since the last report ( according to your numbers )
200,000 shares bought recently have been shorts taking profits.
There are 1.8 million left who have to cover eventually.
One one-thousandth of the shares outstanding.
I think sellers could easily overwhelm the shorts who want to cover in the blink of an eye.
This stock regularly traded in the millions of shares in one day not too long ago.
Shorts would have one day to cover.
They're not worried, and they're definitely not desperate.