Is it possible that small shareholders are finally waking up to the facts re NFG and no longer selling at these low prices?
if so shorts will be in trouble. If the few sellers are actually short sellers, at these prices, then they will soon have higher prices when they need to cover their sales.
You might be okay being short over the summer but watch out come the fall. Hard to not believe that once the seismic results are published there will be dramatic upward movement. Maybe even some major players wanting in.