The one thing that is often cited in support of short selling is that it improves liquidity.  It would seem our recent increase in trading coincided with both naked short selling and then the covering of those naked shorts....

Otherwise it looks like shares are perhaps just too tightly held by and large....I was considering letting a small % of my registered holdings go between $2.50 and $2.60 but ultimately could not pull the trigger for fear that "this time" the PPS wouldn't pull back...

Great update tundup....I'm loving even the lower end of those valuation targets.