Sorry to hear about HMGC for you. You are not alone. The same thing happened with me on MRCH. It will trade again, but probably not for at least a week or so and will trade with a 'Q' appended to its symbol. If you're lucky, you can get 1/2 of the closing price when it starts trading. It's not worth sticking it out IMO. Sell immediately. It will also be on the BB or the pink sheets when it begins trading. I believe shorts do have to cover, but probably not many on this one. One interesting point, MRCH ran up like crazy the day before it went belly up, which got a lot of people interested in it. The problems was I figured out the next day that the shorts were more than likely covering before the BK. Interesting isn't it, that a stock could have a surge before they go under because of covering. I'll watch COMM, but don't think I'll buy. Could be a similar situation here. They are not in good shape at all.