If you notice that after the last 2 trading days more than 3 million extra shares have been traded. It's my opinion that the SP has had most of the speculation factored out and is now trading at it's true value based on production. I believe that the short position is primarily held by institutions and has increased so much since initial steam not because they expect any failure, but because they knew that at $4. the SP was overvalued and that a correction would be made once production levels were established. The short position waited to see the year end results in order to see if they can maximize profit if numbers were real bad, they weren't. Either way at current SP the short position has a potential 25% profit.

Like I said I believe the short position is held by institutions and the current volume increase is the institutions shifting their position from short to long ahead of Q1 reporting. If the short position decreases and the institutional position increases, my theory will be correct. Either way the shorts should be covering ahead of Q1, and once the short position lowers the SP should increase.