i agree. perhaps it's my hubris thinking sfi will make me lots more $, but i find it hard to believe how stubborn the shorts are. 20M+ shares shorted is such a huge number for a risk-reward bet that sure seems to have a lot more risk (of a large increase in stock price) than reward (of $3.40/share max).
I was heavily short this sector but started covering in the latter half of 2008. In November 2008 I detected a revulsion bottom, covered the last few shorts, and went long. Experienced shorts have learned not to stay too long. I can't believe there are any long-term shorts remaining in this sector.