Nothing much. Just brags about his short position in GMCR, FSLR and DMND...http://www.docstoc.com/docs/111099137/Greenlight
I agree with your reasoning...Einhorn would not gave given up his short position unless the odds were in that favor...and they are not....long from here on out...
I think the key statement was that Diamond was the fastest performing short in their history. That tells me that the share price has been hit much harder than it should've and we will be heading straight north!
If Einhorn zigs, it's time to zag as he never tells you anything that is not a ruse to have you act in HIS best interests.