Why are the shorts not covering here? SB, when is D Day for the shorts in terms of getting rid of their positions. I would have thought that they should be trying to cover here but there is virtually no volume. If there is 1.2million short and the price keeps going up on small volume then they must be hurting....right?
When does their short position expire (if there is such a thing) or do the shorts just change into Naked Shorts.
Your insights would be most helpful and appreciated.
Larry