Needs to break support at $2 first before I personally take a short position. Otherwise a SQUEEZE could send this thing higher. All depends on buying pressure, catalyst, etc. Not enough downside here to short til' that support breaks. JMHO. GL$$
A good strategy here could be to short it @ $2.10 and go long @ $1.05. That way you could have free market shares meaning you have recouped your investment and now have zero risk. Getting your free market shares when they are under attack by the hedge funds and institutions should be your first perspective. After that do not ever go back and check your PPS again. That way you can never suffer any self inflicted EGO SPASMS.