All we need now is news releases on major deals (which will come), and this will cause some short covering spurred with new buying.
Short interest has climbed quite a bit this year,
TearLab Corporation - Common Stock
Settlement Date Short Interest Percent Change Average Daily Share Volume Days to Cover
08/31/2012 1,747,102 (1.30) 109,816 15.91
08/15/2012 1,770,086 5.92 77,012 22.98
07/31/2012 1,671,222 5.59 100,903 16.56
07/13/2012 1,582,731 (4.32) 100,604 15.73
06/29/2012 1,654,187 (11.33) 95,436 17.33
06/15/2012 1,865,520 (0.92) 84,802 22.00
05/31/2012 1,882,920 (2.67) 175,370 10.74
05/15/2012 1,934,617 14.37 188,137 10.28
04/30/2012 1,691,541 5.67 281,063 6.02
04/13/2012 1,600,743 65.63 455,667 3.51
03/30/2012 966,449 247.77 377,247 2.56
03/15/2012 277,901 65.44 481,676 1.00
02/29/2012 167,977 151.19 93,115 1.80
02/15/2012 66,872 (73.12) 43,227 1.55