My hope is that it has reached bottom. I do think Bove is right - once the noise of the RS is over it will go higher. Of course there is still 10% catching up to do, cf w/ the#.5% contemporary drop of the other financials.
It's hard to predict that it will or will not hit 40m shares yet today. But watch the volume. At some point it will drop and that will signal the need to pay higher prices as the float tightens. From there you will see the run up to $5 with a cople of hiccups as the hedge funds book some profits along the way.