Great thoughts Fox!
Here for others if they missed a great post:
Bad habits die hard, nobody wants to take the "big hit" all at once, that's why the PCFG short positions drag out the inevitable and slowly cover through price manipulation, they keep the stock down and cover here and there but not all at once, I suspect they left massive short positions open through year end 2010 thinking it would take much longer for the company to execute its buiness plans, surprise.....the company is fully reporting, has secured financing and is in production. Maybe they thought they could cover a portion in 2011 and the rest in 2012, now they know they have to cover soon.....too many positive things are happening with the company and the stock is holding HUGE gains (1,000s of % points). Just look at these numbers:
52-Week High
08/12/2011
0.0843
52-Week Low
09/16/2010
0.0019 <<<<<< SHORTED ALL THE WAY DOWN!
It's just a matter of time, but the clock is ticking.
