Or more likely that the imaginary short sellers don't exist and there's simply unsure consensus with the market on this company. There are many reasons that would lead to the conclusion that this is not a short selling dictation to the share price, and generally speaking it's simply an excuse for many as to why their investment is losing value, not going up. Time and time again when company share prices drop precipitously, the same chant "those nasty shorts.." or "the MM's are holding it down" are always brought to light by frustrated shareholders watching downward swings of their beloved stock. Try and short a stock that trades at a penny where your losses can exceed your cost basis by a wide range, and where millions of dollars in margin security must be present since penny stocks can bounce 1,000% or more.. even because of a pesky news release that may or may not be merited.
This company needs the patent, and it needs it without strings attached to gain any traction with these behind the scenes Fortune 500 "negotiations". I would like to believe they exist and that the patent news is forthcoming, but I'm extraordinarily cautious and still not very impressed with the rumor PR that was released. The fact they feel the need to fire up the rumor mill that they are in talks to be acquired, lessens the credibility of their PR in my opinion.
We will see.
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