Stocks up over 130 points, gold up 1/2%, and IAG? Just broke into negative territory, down a penny. Unbelievable.
If you are saying most of the shorts have already covered, then what else is knocking the stock down? When shorts cover its supposed to rally the stock.
They do have a couple of mines in Mali and there's a bunch of trouble going on there. Maybe that's got something to do with this.