i think the SHO list will come into its own over time
for now, simply being on the SHO list isn't enough to force the hand of whoever is holding the naked short positions
for one thing, most of the companies on the SHO list deserve to be on there, and a good number of them dilute their stock with such vengence that all a short has to do is kill time and the price will fall
or in the case of some of these sub-penny stocks the threshhold positions are of such low dollar value that its almost irrelevant
but for a legitimate (even remotely legitimate) company, its a fact that an increase in price can be catalyzed by large outstanding short positions, and for a company to remain on the SHO list for an extended period of time at least tells us that it isn't a quick and easy cover