makingwaves, what do you think NITE is doing? Covering their own short position. They got it down to .0068 from .0089 and now selling at the ASK. Moved all my accounts yesterday to cash accounts, both at Scottrade and TradeKing. Both brokers stated that cash accounts can not be borrowed against, only margin accounts.
Could there be something else going on, like dilution? Because a bunch of notes come due this month.