Remember that we are just now at pre-reverse split valuation. AND the numbers look much, much better. Yes, there is still uncertainty about the value of the 'toxic' assets, but MUCH LESS UNCERTAINTY.
Current valuation reflects the uncertainty of May, and much of that is gone. This stock was shorted to the brink of absurdity, and we don't have to rely on the oft-weak hands of retail investors. The big boys (institutional investors) are on board, and they smell the blood of shorties in the water.
Congrats to the strong retail hands out there. Keep it up. We've got a strong tailwind behind us.