I didn't say it was bad right now. It has been bad recently, but at the moment, the upward trend might trap them. It depends on how long they are able to hold their position open, as well. If more shares are sold, and the ones they are borrowing get sold, then they will be forced to cover when the shares are recalled. That would mean a guaranteed buyer at higher prices. However, if volume is low, and they are able to find more shares to short and hold positions open for long enough to cover, it can cause another washout. So, no, right now it isn't really all that bad. More entertaining, really, because I also hope that they will be forced to cover and buy up the prices more again.