Pierre (? regarding SI post)
If short interest increased 12% why do you
attribute recent positive move (when did this occur?) to
short covering. It sounds more like recent bottom
pressure was caused by more short sellers. As new bottoms
are reached some should buy to cover. Unless they are
betting the company goes under. The increasing short
interest will bring a nice pop if news is ever announced.
There is no upside potential until this occurs.