luvtradin1, If the shorts covered on this price drop, but all but about 18MM-38MM shares (per different prior posts) are owned by insiders with certs in hand (making the free trading float less than 38MM), that means a lot of NSS are out there.
If a naked short is covered by buying another naked short at a lower price, does that reduce the number of naked shorts?
Another poster said we have traded 799MM shares this year, and over 200MM in the last two days. If almost all the real shares are not in the market, then we have one big problem here. or is it the shorts who have the problem?
I could see how this stock could get to $4 just on the short squeeze. It seems to have at least as much going for it as cshd or awyb, and we know how they ran up. imo. jr