Almost no shares owned between here and 20, very few owned between here and 25. The news does not have to be wonderful for stock price to climb. It is just returning to it's previous highs and the company is in FAR better shape now than it was at it's high.
Purchasing this stock is a no-brainer for any fund manager. They can easily count on a double in a year. positive confirmations are everywhere.
I agree with you but the rationale of holding on to a stock for years until you are back to even makes no sense. Revenue growth was good this quarter but we really need 10 to 20% growth to really take off.
All good points. Plus, This company is making it's transition from speculative to a production company evident. This more than anything else is causing the liftoff we have seen recently, with plenty more to go.