and if you're thinking that debt issues will reward whatever patience you have in holding your short positions despite the recent price runup, consider this: how do you know that there is not some Mr. X buying up the common with the knowledge that, should there be refinancing issues in the future, Mr. X will refinance the company himself? just a thought to cheer you up, shorts! hypothetical, of course, and you are not to let your minds wander to other companies with these considerations....