You have to wonder, SP at record lows and yet still so many shorters. Now if I was interested in taking over a company, I could short down on a stock, and get the SP down further on a bad run after some bad news. Then when the "misery loves company" investors join in the selling, I would be buying at the other end to cover my shorts and mop up the other sellers. After all if you are willing to pay $1.30 or $1.40 a share what's a few cents on the difference between the short sells and the buys you are making.I have a feeling we will soon see a substantial holding coming out of the woods. I would also be looking at negotiations with other large holders to purchase their holdings.
So I am not selling. I am buying as much as I can get at $1.07 as I can afford, and wait for the wild ride. I am hoping I will get to break even over the next month or so.
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