Galaxy Resources Take Over, page-5

Scully, it makes perfect sense. Shorts can't cover.
The shares are not there to buy back.
Half of their positions are at 1.70-1.80.
Shorts do not have enough funds, and to buy back shares that are not available.
Shorty can only borrow and sell to hold shareprice down, they can't cover. Their only option is to stay long enough for retailers to give up because the funds will not sell their long positions. This is whats happening. Shorts are not in control, they are broke.
Shorty is the guy with the credit cards thats can't make repayment, gets more credit cards to delay bankruptcy. This is what everyone is looking at.