KAT Exploration Inc (KATX)

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THIS IS WHAT KAT LONGS SHOULD DO.... IMO.. "if they want to see shorters run to cover" .... The investor may close the position by buying back the shares (called covering). If the price has dropped, he makes a profit. If the stock advanced, he takes a loss.
Finally, the investor may return the shares to the lender or stay short indefinitely.
At any time, the lender may call for the return of his shares e.g. because he wants to sell them. The borrower must buy shares on the market and return them to the lender (or he must borrow the shares from elsewhere). When the broker completes this transaction automatically, it is called a 'buy-in'. http://en.wikipedia.org/wiki/Short_(finance)#Short_selling_restrictions_in_2008 A HUGE SHORT POSITION IN KAT STILL IN PLAY ...Big Owl estimates it to be still 50 Million wich still needs to be coverd http://www.tradingmarkets.com/news/press-release/actc_actc_bac_c_katx_mi_bpop_buyins-net-market-maker-surveillance-report-katx-actc-mi-bpop-bac-c-highest-net-sell-volume-1387379.html