Use a good bait like BIOL, deliver an excellent quarter, and year. Set the tension high enough that you don't #$%$ the bear, he must be comfortable enough to fully take the bait. You will know he has taken the bait if you see increased shorting. At the three month average daily volume of 323k shares, and the total number of shares shorted being around 2.8 million it would take almost two weeks to cover without affecting share price (9 trading days on average volume).
Our trap is set, the bear took the bait, and when May's conservative estimates are beaten, yet again, the bear will be sacrificed. Expect him to sense trouble as we approach May, and exhibit more aggressive behavior as the realization sets in that he is trapped. At which time all of the short squeezing will draw the attention of more bears, and we will just reset the trap. The same trap can be used over and over, bears are tenacious, it will take a few losses before he will walk away.
With less than 15% of teh shares currentlty short, talk of a "Bear Trap" betrays your compelte lack of understand of what a "Bear Trap" is and how one would work. IMHO you should stick with your "This time its different arguement." At least it is based on opinion and not so easil;y laughed at.