If you are looking to 1.5-2 cents it really depends on where you got entry. If you got entry down here at .002, then 1.5 cents for a full position is quite honestly a greedy move. The smart move would be to watch for a pop to even half a penny, take half off, and then let the rest run with a trailing stop.

With respect to naked shorting, I am fairly certain it is being used on this stock to manipulate price. Right now it is being used to clear out bids and then give the bears a chance to cover down at .0015 at the expense of weak hands.

For a full explanation of the phenomenon of naked shorting, go to youtube and search for the movie "phantom shares" which is a bloomberg report on naked shorting.