A reasonable notion, on the stock eventually doubling....but I would not call it "way oversold", at this point. I would call it merely "oversold." (I think you could call $3.60 as considerably oversold...and $3.35 or less as "way oversold.")
In any case, I think, either way, looking to increase one's position here, on the last one or two trading days of the year, seems like a wise strategy.
But I'd also like to know what makes you so convinced Nov/Dec sales results are going to be so solid?
Sentiment: Buy