Some of these shorters were shorting well before the price drop. That means that they have cashed up on around the $4.80 to $5.00 and even more. They have used that money in the meantime to make more money elsewhere, and now they are covering their shorts at these low prices.
In fact they have made a real killing with at least 100 to 150%, (up to at least $3.00 per share mind you), while using OUR MONEY, and at our expense.
I could say that I know someone that did it, (no, not me. I wouldn't dream of doing any shorting and it is not in my vocabulary/dictionary for investing), but I better not. I would run the risk of being moderated.
So, please DYOR.
Buddy
CDU Price at posting:
$2.11 Sentiment: None Disclosure: Held
