I think that the earnings are driving this up. They are coming in at the high end of earnings, and they had a huge short as percentage of the float. Once they get a steady revenue stream, we'll see shorts exit and the price go up to 17.
totally agree. i'm guessing the possibility of a buyout. but the board's most insightful poster, jacosa, doesn't think that will happen anytime soon. so who knows. i'm just gonna buy on the dips. this stocks will inevitably hit $25.
What do you consider soon? For a long time now I've been saying that it's hard to set a price until the results of ASCEND come in. Well, results are likely by late Spring of 2014. That's still a long time for most board dwellers, but not for everyone.