2.38 a share or higher/ depends how it gets to 2.38 as well. Either way at about this price I am buying lots of puts to insure a huge profit ( my average is about 12-13 cents per)So we willw ait & see, remember mels in at about an average of $2.00 per, & usually this directors dont sell for any less, in fact they want to make 80% or more profit. I was in this in 2002-2004 & did well & now were gonna hit again. Long 60,000 shares or so.
Depends on why it's 1.50. Overbought or kickin ass.For it to be 1.50, the whole landscape would be so different. I'd probably be asking why wouldn't it get to $2 same as I'm now saying why wouldn't it get to .50