so, we have myer with only 1.33% shorted. does this tell me myer...

so, we have myer with only 1.33% shorted. does this tell me myer is out of intensive care and off the ventilator? probably. a return to mid 20s or late teens? surely not, or the big boys would be shorting their undies off. just remember JK and another director bought more stock at 36 if I recall (a bit token perhaps), and another director just bought in a week ago at 28. the massive drop in shorting has to tell me the doomsdayers are surely retreating? fundamentals? who cares! look at what the market trading is telling us.....