Point is the shorts rarely lose on a heavily shorted stock. They have the power to drive the stock down at will. It is unfortunate that a stock can be so easily manipulated but it almost always holds true in this type situation. Only question is how far they will push it down. I will be very suprised if this does not occur. I am long but will get out if there is an opportunity to do so.
The conference call will direct which direction we trade. I am positive on the stock. We have seen WNC trade way up and way down. This has been stuck in the middle for a while and living in the same town as WNC corporate offices you can feel the positive energy. Hope we trade up>