The short data released by BUYINS.NET is very interesting. I'm not an expert and would welcome a more professional analysis, but what I'm seeing is over 400,000 shares sold short since the DA signing (past few days). That's a lot of shares relative average daily volume of OMAG and also relative the number of shares that are actually freely available in the market.

This is another area where I will take advice: How many shares are actually in the hands of private investors? Meaning, insiders hold a lot of shares and likely plan to keep them for a bit longer. Are there are shares associated with warrants and options? Is YA in there hammering away or are those shares put away for a rainy day?

So then the big question is do the shorts cover or do they borrow shares and just get eaten alive with borrowing costs everyday while we all just sit on our long positions and chuckle? What are the costs for borrowing shares, btw? It can't be cheap. Of course that presumes they can find shares to borrow, right? Who's lending those out?