well i use charts but my main gauge of what is going on is the price action. I have been watching for a while and it would appear to me that the move down is not the action of shorters more that of interested parties wanting to aquire stock at bargain basement prices!!!
Let's face it if you want to buy back your own shares you want to get them as cheap as possible without collapsing the price...
Anyway here is a chart I feel paints a good story:
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