I've said this before on this board. Anyone who shorted this stock from higher prices and has not covered by now when it hit a dollar is a fool. Now it looks like the tide is turning in favor of the company and there are still around 3 million shares short. Did anyone see what happed to the people who were short KBIO yesterday ?
Greedy people get what they deserve.
Stock hits .83 and shorts still won't cover. Hate to tell you this but anyone who's been long this company from as near as August of this year, back to August of 2014 and haven't sold their shares yet and are not going to sell their shares. So you can naked short (illegal) it up and down .20 cents all you want. Longs will either catch a break or ride it to the grave. You'd think shorts would move on, but no, they're hanging around hoping for BR. Guess they just can't come up with any new stocks to invest in. Although, let's face it, shorting only in the market is not investing, Let's call it what it really is......exploiting.