I am puzzled by the answer to your question also..Eln is close to as low as its going to be. There are a ton of better short canidates than eln out there. At this time whats the point of shorting eln when the risk far out weighs the gains
Greed is going to kill shorts, they just don't know when to stop. Look at how many Hedge Funds are losing money, that's why. As the real estate boom tops out, more and more money will move back into the markets. I think that is already starting to happen and as it picks up steam more and more Greedy Hedge Funds will be filing for bankruptcy. Let's see how the Hedge Funds do today with ELN!