Shorties are very stubborn. A couple of cases in point Chanos shorted Valeant in the 100's and almost choked when Valeant hit $290. Turned out to be the right move for him and he still didn't cover, even after going down into the $20's. Another example is with the 30M shares shorted on $EXAS when it was brought down to the upper $4's to go back to $19. Though decreased in short positions , still around 22M. Personally I hope they hang around till the end of this story called $ARIA !!!!!