Yes we have to remember that too. The new short list is out btw.
Total amount of shorters has decreased from 111,000+ to 86,300 per march 15 2013.
To be really honest actually this gives me a nasty mixed feeling. On the one hand, professionals are either too scared to short or not interested and thus covering. This is good I guess. The really bad thing is there are still people that are really selling forthese sh*tty prices. They might be pretty thick (or scared) but its ruining the game and market.
Of course we dont know if its pros or retail but its not a really good sign to be honest ( I wish I could give you guys another answer). Only thing you can do is wait now and ofcourse BUY BUY BUY.
I do however expect a real surge if there is a back in. This is just taking to long and it feels like we are bleeding to death.
I would still recogment to keep you positions. There is simply no fundamental reason to sell.