Exactly. If NITE still had a short position, this price would be dipping endlessly until he covered. He would be manipulating this thing down to double zeros again. No buy side pressure would stop him.
If is best if he has covered and is willing to let ISML breath. I am not sure why everyone is using this short interest claim as a crutch. ISML is a strong buy because it is a legit company with potential. Low float. Great business plan.