It seemed like, by what you wrote, that the shorts "covering" was the reason the share price was falling, which of course is generally false (unless the market is collapsing, in which case covering might not stop the fall).

When you say " When a short is covering, he is averaging in and is attempting to maximize his profits before completely buying in"...I believe you are incorrect.

Definition of 'Cover'

The act of completing an offsetting transaction so as to eliminate a liability or obligation. It is generally used in the context of risk exposure, as when an investor decides to cover a short position in a stock to eliminate the risk of a "short squeeze." Covers normally reduce both risk and return of a particular position.

I suppose you could cover a portion of a short position, but as the definition states, a short cover reduces both risk and return of a position.

Maybe you are misusing the terms buy and sell..a short starts by selling and finishes by buying. I don't know, but you seem to have an idea what you're talking about

I understand the rest...thanks.