Capstone Companies Inc (CAPC)

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Imagine covering 300K + shares?

We don't have to Imagine.

In July, the short position went from 385,229 shares to 316,292. The price per share went from $2.38/shr down to $1.70/shr.

That's an 18% reduction in the short position, and a 29% reduction in the share price.

How does that happen? My guess is the so-called 'Diamond Hands' are actually more like 'Rhinestone Cowboys'.