The minute it is on NASDAQ, all the SMART money(fundies) will go towards trying to pick up even MORE shorted shares. In addition to the currently posted, REMARKABLY HUGE, more than 20% shorted shares that they already are holding. See Key Statistics tab.
I'm not sure about that. FB is a Bermuda triangle with funds buying, shorts covering and most insiders holding. This could turn around quickly, but for now, it will just suck all retail money right in.