I would honestly throw technicals out on this one. There are big players playing here, this can explode up or down. I am solidly in the "up" camp on this one.
I think this is one of the few stocks where I can actually say that on. Any news event positive or negative can make this move past any relevant technicals. Lets not forget that an SEC investigation can bring this to $10.00 in a hurry. Or a short squeeze to $100. We don't know.