I agree. I think we'll see this stock hit $9-$10 by the Fall. If (MAJOR IF, I PUT IT AT HIGHLY UNLIKELY) a buyout deal is announced, I also agree that it will come with a sizable premium.... but I doubt it will be double.
This stock will close out the calendar year at about $10-$11.
Of course, the usual caveat is .... unless there is another complete market meltdown. Sadly, I put the chances of that happening a lot higher than a buyout.
Hi glsierra, These days dead shells are on fire as seen from recent runups of 20% within days in stocks like GWAY, DELL and many others. It's definitely good time to buy stocks at least until May, because of QE2...