No one really knows, although a lot of blowhards are predicting great gains and others are predicting the company going out of business. I'm in at 16.50 so right now things look bleak. However, you can't make a lot of money buying when things are high. Anyone buying at this level has to be patient and somewhat optimistic. I beleive that this stock will be up and down in the low to mid teens for a year, but I think it likely to hit 20 or more at some point over the next 2 years. If my theory is correct then I stand to make a 21% gain. I'm gambling that the $20 pps will occur, if even briefly, withing 12 months. 21% in a year is not too bad. 10.5% over 2 years is not terible. If it hits that mark or higher I win. If not I lose. Don't forget that the stock will rebound at the first sign of a housing recovery which many predict won't come until 2009 or 2010 but they may be in for a surprider next spring. Good luck longs.
I'm in that camp too. I have bought at 15-ish a couple of times and sold after it jumped up a few bucks over the past month or two. The short interest is about 46%, so anything can make this thing jump to 18-20 pretty quick (fed rate cut, positive housing number, etc) any piece of good news will spook the shorts and get some people yelling that we have hit the bottom (whether we have or not). It is a risky venture no doubt, but the short squeeze potential here is worth throwing a few dollars at imo.