shorts should be held onto, if your initial view/value of the stock still stands. today was not a GOOD day by any means. check out the volume in today's "good" day, volume this low hasnt been seen in a while. this low volume shows indecisiveness among the indices and should be falling anytime soon. so if you're only down a few points on your shorts and you're shorting what you believe to be an unhealthy stock, i'd advise to hang onto them for a little while longer, waiting for the rug to be pulled from underneath the market, because it will happen.