Any real shorters could have covered at any time once the pps went into a free-fall. I am not saying that there has never been those who shorted this stock at some point but I think once it got to .0025 or something there was a lack of interest. I saw the pps decline from that level over several months....back and forth and up and down but generally in a downward spiral. The billions of shares traded was a new phenomena which started in August 08 right after the TA was gagged. The PPS subsequently collapsed. It is exactly what you would expect to see if Gene was raising working capital. A decline in the PPS due to dilution.
If I am right as I expect I am there will be no NSS position to cover in the days ahead because it doesn't exist. I would like to give you the benefit of the doubt but no one can convince me that any securities professional would short an .0001 stock for any financial reason. There is always a time when any short covers and that time has been the last couple of months when the shares were available at the lowest price they could ever reach. Someone was wondering who was buying all the 1's if it wasn't retail? Well guess what it could be those nasty shorters closing out their positions and leaving you all to hold the bag.
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