You hit the nail on the head. To many vapor shares sold on the bad news drop, June 30th, then way to many bought July 1st by longs on the PR from George.
Problem is, just like you also said in your post, as long as this lock continues, the vapor & legal short shares never have to be covered. The shorter(s) then pray for this company to file BK, so they can just walk away, unchecked.
On a side note, don't discount Luke and the coming PR train, a broke clock is right twice a day, so sooner or later.... Seeing as we are still over 1 penny this is truly a milestone IMO considering what has just happened with this companies management team.
Now George, we have been out of gas long enough, fill it up, clean off the windshield and lets continue this trip!