I think that if past behavior is an indicator to future events, then yes. Unless however a brokerage house comes out to support the share price. The lastest short report could indicate that those shorts are in the $1.70-75 range, and even lower from previous reports. And yet the share price climbs and there appears to be no panic to cover. Who owns those shorts?

My opinion its the Pros, and we know that they make money from both sides of the trade. And the Pros know that some retail investors will have sell on stops. Todays price is $2.41, where would some retail put a stop, 10% or 15% below the price? My gut feeling is that the stock will get shorted, the stops will be hit, further dropping the price. Question I have is how low.

I recall that GEA dropped hard one day, and then climbed and never looked back. I suspect the same could occur with Zen, a WTF is happening moment, then off to the races. Having some dry powder is a good idea. Maybe I'm wrong, and if I'm wrong, then its all good for Zenyatta shareholders.

As I've posted before, I not sold any shares, and I've added at prices both higher and lower to today's price.

GLTA