Shorts have had their way on this stock for weeks now. Any positive news will send this stock soaring, and shorts are getting nervous, especially with this market rally. I don't think they will be able to keep their short positions for too much longer. All the bad news is already priced in at these levels.
Unfortunately TRLA just broke major support at 27.50. Next support is $24-$25. Not looking good for longs, although if it did reach those levels, there could be a pretty violent snap back. That would be the time to back up the truck, but for now the knife is still falling and hard.