Let's just pretend there was a huge short position built from $.05 all the way up to $.40...
Why in the world would the people not be covering down here at this level???
For argument's sake, let's pretend the MM"s had a modest average short position of $.10 (and according to the logic around here, their average would be much higher)... they could be covering right now at $.05 for a 50% gain!!
It just amazes me how people still think this whole squeeze thing will still happen... heck, if anything, the squeeze is happening RIGHT NOW and the MM"s are getting to cover at this level...
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