Hello Agent,
If this is indeed short covering, do you think the price will go right back down when they are done covering?
My thinking is that if they are covering, there is a good reason, or more than one. After they are done covering, those reasons will still exist and, thus, while the price might come down a bit, it should remain well above recent lows.
Also, it looks like Kimber is moving again on activities that should produce news down the line.
JMHO
stone