indeed, DOM is now trading at very cheap valuations for a proven...

indeed, DOM is now trading at very cheap valuations for a proven producer/dividend payer. I suspect that many traders were beginning to value the company based on the last half yearly results.

the shorting of this stock has been a pain, but nevertheless it gives us an opportunity to pick up on the cheap (I've picked up another 20k shares between $2.58 - $2.80, which I consider to be a bargain +++).
The short sales died on the thursday from an average 150-200k shares shorted every day, which gives the impression that the daily short selling was conducted by a single group. From a demand/supply perspective, daily we've had some 400-500k shares of demand versus 150-200k shares of real supply; so if demand continues they'll need to jack up the share price to instigate additional real supply to balance the supply/demand equation. I'm thinking in the "short term" $3.10-$3.20 as where the stock will probably find equilibrium.