Ya, I agree. I could pop 30c or so. Bottom line, the stock will remain highly volatile over the coming weeks. Up 20c one day, down the same the next.
With a great q2 report, it should help stabilize the stock in the low to mid $4 range for a period of time.
It needs to swing several CONSECUTIVE good quarters in a row for a bounce to be sustainable.
Mean time... mgmt absolutely needs to keep paying down that freakin' debt!!!! Get it into a position where they can start giving NOMINAL (token) dividends to start off in the next couple of years. Grow it from there.
Mean time, the stock can see $3.50 in a days trading just as easy as $4.50. VOLATILITY for the next several months!