Nice short interest, but I'm thinking perhaps with the volume drying up and the price in marginable territory, more shorts will be added soon and the time to buy is if/when it can get pushed below $5 again? I wouldn't mind seeing a larger short interest in that one. Especially if more dividend-buyers show up for the party.
So, my thinking right now is to just watch it for a few days and if it moves down on moderate volume, put half the IRA into it when the volume dries up again. Leaving the other half for possibly TE or ILD.
Your thoughts?
Edit: Keeping in mind that this is a LTBH account, but as rarely as the account gets traded, I tightly control the trades to the extent that when it's time to buy, I'm looking for the best fill with a daytrader's mindset.