Get this - the shorters will have already covered or will cover from dark pools if and when they cover.
The shareprice can rise to $1 or more without any short covering IMO.
Last big short load-up was above 70c dude. If that is hedging then they can let it roll to there before they even need to think about covering anything.
Many have been short since $1 or above, this SP has a long way to go before they are "quaking in their boots" as I have seen so many post here.
And as for the "cheeky little short cover" its the biggest load of BS at this SP imaginable.
SO if you are waiting for a short cover to save your a$$ forget it.
Maybe a little bullish sentiment instead of BS sentiment wouldn't go astray.
The bulls need to drive it.
LYC Price at posting:
31.2¢ Sentiment: Hold Disclosure: Held
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