JB...IMO even a small piece of good news could trigger a major move "skywards"...Again, just my opinion, but...
my observations show a very-much-Unhedged short position...I pay close attention to the options trading on this equity...and there are not nearly enough open positions to effectively hedge even a Small % of the massive short numbers...so...
I also observe, on a daily basis, shorts keeping on with their "strategy" of shareprice suppression...which Can't work out for them over time...unless some very negative news effects the Company...
and...trading Volumes are way too Low for any significant covering to take place...quickly...
JMO
Watching and Waiting