There were only 1 million short shares at 1/15/2013. There may have been more piling on today just like sharks smelling blood in the water but there won't be any huge short covering surge since there just aren't that many shares short. This stock is actually well below the average short position - which is quite a positive really since the shorts only pile on in a big way if they feel the future is bleak. I think a lot of today was panic selling, MM's having a bonanza taking out stop losses etc. Even with the huge volume it was less than 20% of the total shares out so most were holding on to their shares. Who would sell anyway? It's incredibly stupid to sell a stock you paid $8 or more at a big loss when nothing whatsoever has changed - they are performing well and the forecast is right where it is supposed to be.