Caris upgraded to $37, stocks on momentum always go past the target price. Add to that tremendous short squeeze. $40 by end of February is a certainity. I would'nt be surprised even if we hit $45 by mid-March. I am not selling here. I'll buy more, easy money.
i am not sure what will happen except teh fact this stock was accumulated when it bottomed again at 21.75 and has not stopped, so its a game of short squuze jamming, now they yell buy buy buy buy,, but where were they at 22 a share,,oh tahts right they were the buyers, now they want to hype teh buy so you own it high,,, just watch the action
what is so funny is that they rasied their target for 2010 from $1.90 to $2.75 and so with a PT of $37 you have about a 13.5 multiple or so which is ridiculous. obvious they just wanted to stay in "the range" of current analyst estimates. multiple expansion to come later this year. This is when the stock will really rip.