Borrowed shares the only ones selling? Payback time coming up.
The volume has been higher and price consistent or at least a tight range. So my guess is shorts selling cheap will have to fix that situation soon if everyone is holding pat. And who wouldn't hold this close to a possible windfall. If those trying for cheap don't win soon then we should see some buying.
Unless, of course, the short selling is coming from YA Global or Dominion Capital who both have 'floorless' convertible debentures and they are selling from a hedged position. They don't have to cover those sales on the open market, they just have force Intellicell to file an 8k announcing the conversion. Just like Hanover Holdings did - over and over and over again from May to December of last year to the tune of over 200 million shares.