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Message: Short interest explodes higher, to 841,500

Current up to June 15th, that's the new number....841,500 which is an increase of 611,800....holy jumping cheese curds.

Well, I think its pretty clear what happened in the wake of the financing....short sellers borrowed a wack load of shares and dumped them back into the market which obviously would have the effect of cratering the PPS.  No doubt some were scared and sold off long positions...but up to the 15th of June there were still over 800K that hadn't been covered off....

So it wasn't shareholders disappointed in the financing that cratered the PPS....but short activity pounding the price lower with artificial dilution.  

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