You should feel sorry for the poor pus who tried to average up by shorting more over $8. Tomorrow she'll be staring at $10 and counting up. I just hope she didn't use margin. Mmmmmmmm...that's going to be painful.
Lets see, it closed at $8.27 so that is greater than $7.50 right? So who is the dolt? Also, word will come from the company in due time, jeez nobody has any patience anymore! Besides, you are short and are squirming, better take your losses now before they get much worse when other offers materiaiize.