Let them sweat. MCP is going to be the REE consolidator. Still a takeover of a heavy deposit to come (probably QRM or AVL in my opinion). Each acquisition going forward will be accretive. So the shorts will lose money everytime MCP announces a deal. Lots of interest in MCP from global mining companies too!
I sold a June 35 call when MCP was 28. Looked like there was little chance of losing my chances just last week, but now it looks like they'll be called away soon. Still, I'll be profitable so that's a good thing.
And of course, the fact that these shorties lose their shirts (hopefully) is great.