I agree with you Nakate, take a look at the trading pattern of Paradigm Capital. They were short on Orbite with an average price in the $2.60's. They covered at $2.62 but then reinstated the short at $2.64. So they are still active. I think yesterday's selling was primarily retail driven and this was the main target of the short positions moving into the halt (at least for the smart shorts that is). However, the deal with Rusal and the exoneration from the audit prevented the shorts from cashing in.
Stockhouse.com: Taking
it to the street
