Decent volume on the upside today. Will we get a good run? I'm hoping this stock will make the $41 this summer! They seem to have a good business, and a lot of their problems are behind them now. Thoughts?
Depends on how well their 2Q looks and whether they can get current on their filings. Even if the accounting restatements are not material, I understand delinquent filers scare off potential buyers since (i) there is a risk of a delisting and (ii) a number of large mutual and pension funds cannot invest in delinquent filers by statute.