Comet, only the minority of money managers(hedge funders) make any return in the market. Most go negative and close u sho because they know they won't get paid until; they get back to even. easier to close shop. The whole money management business is a scam. We are all gambling and to pretend that so many people can all pick stocks is a joke. The proof is in the statistics. The number of shares short is just that. Hedge fund managers are in the business of hedging, there can be any number of stupid, nonsensical reasons for them to be short DECK. It should not matter to the long term investor and I don't believe the number of shares short is an anchor in any way. When shorts short, they "borrow" shares. They are borrowing your shares or my shares, they do not take a piece of the total outstadning shares. There are 31M shares available and the shorts are using the same ones we bought. It is all about supply and demand.
The shorts have already made their move(44% shares are borrowed short), it can only go so much higher. It's crazy as it is. But all you need is one nice fund to get hungry and buy some 3M shares and boom, up 10 dollar in a flash with or without the shorts covering.
I havent lost any money yet as I havent't sold. To be honest, I have not finished buying so I actually am not like others who are in such a rush to go back up. But thanks for your wisdom Jim. How much you lose today? Noticed you didn't post any trades today, must have lost money. I see you're going at less than 50 and are down money. The days you don't post a trade are obviously days you made a trade and lost money. lol