Read that press on the hedge fund has me thinking what I would do if I had Hedge fund cash. I would let the shorts get out of control first, buy a bunch of calls at $2, then buy shares like a mad man at the close each day to make the shorts cover, then gap it up like crazy on day 4, sell the $2 calls, buy puts at $1, then dump the shares at about $2, hit and run style before any real news comes out.