Although shorting at much higher prices, at $1.31 it is a steal. I may short again if it soars into the upper $1.30's.
If you are trying to buy for less than $1.31, you aretiltingatwindmillsfor now.
PJV... I don't think you would want to short if this breaks out (closes above 1.40) in the near term.
Sometimes I have my tongue in my cheek. "Soaring" into the high $1.30's is an example.