Why would there be a squeeze?
Yes, there is a low float and it has proven it's ability to move quickly (in both directions) in the past week.
However, everyone knows that an offering to raise $20 Million is coming soon. Those terms could be good, or they could be horrible.
One thing is extremely likely. Whenever the details of that are announced, the price will move very quickly.
I've got some money on the table, but don't foresee placing any more bets. IF it lands on my Red 7, perhaps I'll add some and chase a little.
I'd say the opposing team (shorts) have basically the same point of view. The bets are in, for the most part.
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