They want a bunch to short. Perfect setup to cash in on at a drop in August with another quarter to go before results after that. Short it now. Buy it back in August, and short it on the results.
1.70 is a reach but I think we get to 1.20 by next week at the latest...i'm exiting at that mark. Not going to get greedy...I'll take a 50%+ return in a few days :)