News flash! That's how shorts make their money. They short the stock, wait until it goes down, and then buy it back! Didn't you know that?
What is YOUR explanation? This has already been down to $.0015 since the CE went off and shorts could cover. What....you think the shorts are still waiting for a stock price of zero, for maximum profit???? LOL!
Get real. They're not waiting for a lower price...the reason they haven't covered is that they don't exist!