As of 06/15 the short figure came down about 20k and I am guessing some more covered last Friday and Monday. This is the longest time HPJ have been under 2 dollars. Sustained news or a pretty good report in 5 weeks will get us to 2.50
I was wrong. The short figure as of 06/15 was down more than 40k. Weird action today pre market traded at high of 2.25 and after market we are up 5 cents to 1.94. I think news is imminent.