you short MALL? Datek doesn't even let you buy on margin with this one. It's important to who exactly can short to know whether to hold on or not. If you look at the last day chart, the selling spree was triggered at 20; I think many people must have set stop market and limit orders at that price. If there are a lot of shorts, there's no telling what will happen. More people may start shorting tomorrow seeing this as a vulnerable stock, and they can drive this far below what it should be at (to below 10). Yesterday's news should've been enough to drive out the shorts if there were any, but it failed miserably. It may be the only way we are going to get out of this is if a big brokerage announces "BUY." We need COVERAGE!!!
you can't short UBID...yet. Of course, IMO, a person would have to be crazy to short MALL at this point. This is especially clear if you go to http://www.clearstation.com and look at the graph for the stock.