More O/S shares could help that matter. With limited amount of float this thing could use more shares. Go look at old FNM/FRE charts from mid 90's when they first went through splits or SLM. It doesn't need north of $20 to get credibility. Even if a split occurred, the potential in the next 3-4 years could would raise the new O/S shares from a split over $20 on the bigger float.
I think the shorts or short is playing with us. Easy to do with the low volume. They know earnings are going to be good this quarter, and they need to get out. The reference to the $250 million was great, they get to worry about it all quarter.