Correct, the shorts are covering because they are not really making much money or think this is going to really sink a lot lower. (They read charts too.) They have already made money, but want to find a stock that is dropping faster. (I think of them as reverse flippers, though some really are patient.)
They are not being squeezed out, just drifting out due to boredom. They will be back once we near the dollar mark. sigh......
It was good to see that someone other than the oil and gas industry are using CPST. That to me is important as it continues to point out that CPST has real potential everywhere. That gets lost in all the talk about the energy industry.
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