If you look at the trades you'll see that they sell at 0.035... And here is probably why:
Date Short Short exempt 2011 06 17 51 350 87 950 2011 06 30 393 256 1 289 656 2011 07 06 360 850 488 750
Short exempt means that they can sell their short shares if the bid is an uptick higher, so they, or some monkey working for them highers the bid with one tick and so they have the right to sell. You see the huge difference between 06/30 & 07/06... thats why there was so much selling in the last couple of days...