In naked shorts, it could be 100 or 200 percent of their shares shorted. The kick is, to squeeze them which is really next to impossible to do. This is amazing. The reason why biotechs suck is, they need to go to the well so often, and it's always equity. Wall St. cannot fathom that a drug that stops melanoma may be more important than that new Bentley, so they scam the deals. Now, they've got their balls in a vice. But they won't quit, so pay attentionl.
The volume is over 1000% normal for today. Class is in session. Edit: watch the ECNs and see who's clearing the big blocks. I haven't been following the stock before Monday, but if the short interest is massively naked, and I'm talking XXX-naked, then people _will_ hang as examples.
I think there is a worse feeling. Somebody's weekend could include a self - inflicted gun shot wound.