8.09M shares float and 72.13M shares outstanding, this sub-$2 play has an ATR of 16c. I feel today's big green day may have been the shorts covering and nothing more. That may very well be what happens: No play tomorrow. 

I'm trying to learn how short volume and short volume ratio work in comparison to the chart and in providing dip or breakout buying opportunities. I don't see any news since August 28th. 

Now, they are known for releasing a PR at least once a month. Maybe the volume today is an indicator that it's coming? 

1) If PR, I plan to go long at $1.33. PT $1.50.

2) Otherwise, I believe a dip down to $1.08 or $1.18 is possible. PT $1.30. 

Again, the concern here is that there are no shorts to cover. That said, there was quite the sell volume at the end of the day around the current price. So if shorts attack tomorrow, we should be ready to buy the bounce when they cover.