As explained by a pal in the business, if you shorted the stock and borrowed it the person you sold it to will keep those shares as the seller took the money. The party that lent the shares wants them back so he can make good delivery. The party that is short must go find good deliverable shares or he could potentially be bought in. The borrowing cost for ANY is very high so in two days if there is an open fail some folks may be looking for good shares. I think it was a pretty good idea by the company to change the CUSIP.
Also, anyone here do not buy this stock on margin. Your broker can lend it out and make a fortune.
Seems to me that the battle goes between the broker and the naked shorts, that's why I think this will go on for a couple weeks. Just like JB post last night, it took weeks to cover with that penny stock! Patience is a must here because you never know when it can go big. Today the shorts will do everything possible to show this move by the company failed even though it won't long term!
$40 million in revs next week and a positive CC could be the end game for all shorts imo!
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