The short interest has been going steadily down for the past several months. There have been better trigger opportunities for a short squeeze but this really hasn't materialized (well, it went to over $12 several months ago, but as a squeeze it was disappointing).
You do realize that this is a very high risk play, right?
I've said it before, the moment of truth for this stock will come with the next earnings release next month. Analyst Penny is expecting 19 cents for CY2006, and we already know the first 2 Qs had a loss. So we need a good quarter to get traction. If they manage to report something close to 10-15 cents a share (which may be doable given the apparent cashflow), then we may fly...
Yes, its all a risk. but i like this risk. looking at the chart and the short interest. its going to go!!!! good luck to you . i will stop hyping!!!!!!!!!! it does not need it!!! dam, some one had to do it!!!!!! that short interest was off of yahoo (early october). not that many have covered!!!!!!