cab
It's my take that LONG shorts are not there to get profits, as much as stop a climb, in the stocks PPs.
Just because of your question & my question, WHY did they add on short, during the several months of climbing PPs Oct to Dec 2005.
They are long shorts and have hedged their move in, by allowing moving out step by step.
If you had the cash to own 7 million shares, just think opposite to how you think as a long investor.