Tuesday, May 11, 2010 6:45:57 PM
never covered"
Why would that be? During this period they would have shorted at .001 and much higher and had years to cover at .0001 and take a huge profit on those trades.
Why would anyone believe that they left the money on the table for 5 years waiting for the stock to rise before covering? While a reverse split would be nice for them, anyone short on the stock would already be massively banking. These people would know how to make money and leaving in an account full of PYCT stock isn't the way.
Or is this the same situation that has made all the other "massively shorted" pinks run to 40,000%?
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