IMO, it was going to take significant news to flush out the shorts. I do/did not believe for one minute that these were naked shorts. They are just covering their short positions with the outstanding warrants which have been exercised and sold into the market and with their remaining long positions they will ride this puppy to new highs once significant news does come out. TWG is right, the short position is an indication of the direction of the SP as generally the shorts are well connected.

May be we will see our first Milestone release on time (end of Q2). Not holding my breath, but the shorts are starting to worry and are making significant in-roads to cover their position.

GL.