I appreciate your level headed input. We'll have to watch this one. If it starts to stall / consolidate above $2 for a solid 2 weeks then I'd be more bullish. Only time and price will tell.
PS: I have not shorted this stock for all those who think I have. Not that it would matter either way. It was merely on my watch list for stocks to short. I'm more of a long person because of the dangers of shorting. That's why with shorting I don't think beyond 20% max profit per trade. And to be on the safe side 15%! Good luck!
Conservative short: $2.01 target. More aggressive short: $1.95 target.