being short on a company when all the bad news is already priced in and which is already selling for less than cash on hand and 1/20 of its book value, must be quite worrying, so I cannot blame them, really.
Worrying? Wrong! Worrying is when you invest in a company with a $4M per day burn rate with $28M in cash, and that has publicly declared subject to SEC scrutiny that it has less than 21 days before it shuts the doors, and Monday will be day 5. I don't know how good you are at math but by my calcs, it is $28M /$4M = x number of days before the shutdown. They may have already burned through $20M by Monday. We may be within days if not hours of the end.