The shorts have consistently lowered their exposure during the past quarter as the PPS continues to rise and hold at these levels in light of the good things happening at EDIG. Even in the face of the DOW hitting record lows, EDIG has been in an up mode and the shorts have recognized that.

Perhaps they were holding out for a big negative digecor development....but as of late Friday AFTER the close, that hope has evaporated.

They are looking at more and more settlements and more record revenues with growing profit margins for EDIG and no dark cloud overhead.

While the short position is not huge, it does represent a dwindling perspective that there is downward pressure on EDIG. Friday's late development further accentuates that perspective.

With the light volume we have seen, the shorts small positions can weight on the pps...but as they disappear and more investors recognize the opportunity that will soon be a matter of public record, the upward trend will likely continue.

Shorts were playing a trend. That trend has changed. They too will likely go long.