It is almost impossible for this stock to collapse now without a significant event. The short interest is just too high. Almost 40% of the float. Stocks with short interest that increases usually charge ahead relentlessly, as shorters are forced to cover. Drops are bufffeted by covering. The risk passes from the burnt to the newly brave, etc.
When the longs bail, and the white knuckle shorts stay calm, then this will adjust downward and stay down. But this will probably not occur until something emerges that will change the fundamentals which are awesome:
150% revenue growth
ROE 38%
PEG is high, but not outrageous at 2.15.
Comparing this to the internets in 1999 is in error, because this company makes money and its product has huge demand. All the arguments against it that have been posed her are valid, but they are DD arguments an IB would make to a potential suitor.
Traders have to see the technicals, which are bullish.