cbuzz, if the shorts have to chase this thing then they will lose their butts, it's only going up from here. They gambled trying to cover with 1's, now they have to pay the reaper : ) They want to cover as low as possible Bro.
I believe it's because SEC came out with a new rule concerning shorting stocks. It was discussed on this board previously. Don't remember when the new rule takes affect. It may have been today.