From 20 cents onwards...., page-269

According to shortman about 3.2 million shares were shorted on wednesday when the SP was bouncing around 15-16 cents. This morning there were a lot of buy orders (around 2.7 million shares) at 15-15.5 cents. I'm wondering whether these are shorters who are wanting to close their positions. I mean, they could hold out in the hope that there would be some volatility before or immediately post launch, but it seems that they would have to eat some potentially huge losses in this case. Seems like a really risky play....