Moderately shorted and increasing short float over last weeks.
Lower market cap for an optionable asset.
Before May 20th, we could see an increase of at least 100% (ATM option price) as some shorts cover.
Using options so time is the only SL.
Target will be determined by price action.
* General up trend
* Breaking out of a 2 month IPO base
* First broke the 30.40 level and turned it to support. Then broke the 31.13 level and has been testing it as support for the past 6 days.
* High relative strength; relative to the real estate market.
* Breaking out with higher than average volume
* Still close to the broken level.. Great time to buy