I think the 40m is really a bit intangible and only a representation that shorts have not covered. IMO, there ARE many more out there than represented with this number, but I would think that this is changing fast. PPS controls (relatively flat) and high volume since Friday are an indication of this.
As so many say here...."Tick Tock!!"
Good luck to to you!
-Jest
NOTE: Do not make investment decisions based on the information provided in my posts; past, present, or future.
As Always: "Trust But Verify" -Ronald Reagan