Cover what? The 380,000 short shares? Why would covering that move the prive up at all? If thats what you are referring to..if not sorry for the post. Hell, 12million shares were traded in one day and it barely moved the price up 10%. However, I do like the fact that (even tho small) the short position has basically dissappeared. Someone, somewhere, did not want to be short on this company whatsoever, which usually means good things coming. Im finding more and more, that investors who short tend to know or understand whats going on with a company more so than the people who are long..ironically.
And I still am amazed that this company is still languishing under a dollar. As I stated, I will start selling off my shares when this hits 20 dollars..whether that be this year or several years down the road. In for the long haul.