You may be misled to believe there are any material net short positions. Anyone showing short here is either long in a related fund/trust/entity (no apparent law against this) and/or are engaged in M&A activity. I had an extra beer today, because the continual and persistent sell -downs just below $3 strengthens my (posted) fear that we might get put into play long long before discussions with legitimate strategic partners are well rooted. Patience , and accumulate only on dips as there will be a few more yet before management has what it is looking for. IMHO, we are seeing the chart painted (drab flat gray) on trades but no major shorting.