The problema is that these shares IMHO doesn't exits..it's a question of vol. or other things..do math and you understand what i'm saying.
Do you want to know how can they cover?. In Wall Street everything can happen and i have an idea how some crooks works...for example in this case they decide to print new shares( financing) and sell the shares at the shorters....hedgies cover their naked short shares,Co. has fresh money,hedgies take profit,....stock drop with dilution and shareholders and little investors as us are screwed again as usual....it's a crazy speculation,but i think that some time things go this way.....nothing has changed.