HLF's Controlled Short Squeeze

Remember this one, a bunch of large institutions short HLF (they are going after the multi-level marketers) and the chances for a short squeeze?

Last week, Friday I believe I posted this, "HLF-Controlled Burn" because this isn't acting like a normla short squeeze, but is seemingly being expertly managed by the institutional shorts. I mentioned how it is seeing moves in quick +5-7% bursts and how you can probably make some money if you pay attention to the pattern and are nimble in getting in and out.

I suspect that professionals like these (who were and maybe are still) short HLF, don't let it slip they have a huge short position like this on accident, they aren't going to try to purposefully attract a short squeeze and shoot themselves in the foot just to tell all of us how they are positioned, they let that information out for a purpose, as of now I can't figure out what exactly the purpose is, but this is not acting at all like a typical short squeeze and more like a controlled burn, a little here, a little there.

I suspect in the end they intend to go after HLF again as it seems like the government will be cracking down on multi-level marketers like HLF, but that's just a hunch.

For now if you are trying to take advantage of this trading pattern of quick bursts up and then consolidation, I would keep it nimble until we figure out exactly what the plan here is.

On that note, it's made a decent move this a.m. as it typically does in the a.m. so you might consider an intraday trailing stop if you are long HLF.