Its all a scam,, they buy the shares for 2.60 because they have big moneyt invested in the shorts,,, people bough at 3.70 now have to pay back at a lower price,,, the big companies make money by payig 2.60 share by covering their shorts on the other day,, we all get scammed in the end,,, and you pertend you have a good investment.. this is going down to $1.50 on monday,, get out in the morning while you can,,,
If the shorts are same as the institutions who bought the stock for 2.60, it only means that they were scared of the fundamentals of the company being very strong. They were scared to death and did recognize the potential. They probably begged the company to give them shares to cover the short. If they were sure about company being worthless, they would have simply let the company go down and then cover the short.
2.60 makes the base and anything less than that is bargain. SA article played well with these institutions,