You have clearly missed the point.

 

If you all want to continue believing that short covering implies that 99/100 believe the share price is moving up...yet, the stock sits idly at $1.25...by all means proceed...although you should probably take a bit of a basic refresher as to how the stock market works in the first place, try ECON 101 and look up the concept of supply and demand...it should give you a good starting point.