I wonder how many shares true longs are sitting with, we could theoretically be sitting with more than the entire float, that would make it a serious problem for shorts to cover, at these low prices many longs have doubled and tripled their positions, I have personally added shares to bring my position to 5 times more than the beginning of the year.
Holding for $3 min before I sell any of my shares, and will only sell 50% max at that price, the rest will be kept for much much higher prices