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Wednesday, May 12, 2021 11:30:12 AM
That’s not a good thing, correct. Longer the time to cover the safer the shorter feels?
Nope, more days to cover is bad for the shorts. If it is one day to cover, it can be covered easily. If it is 8 days to cover, it would be far more difficult to buy that many shares without significantly increasing the share price. In this instance, I don't think shorts are worried because there are no positive catalysts on the horizon except for some pipe dream of revenue from poor countries. If I were short, I would be confident that the share price will hit $2.00 before long.
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