Short squeeze restarting....
Guess who loaded up on this recent pullback? Paulson made billions betting against phony mortgages, he knows this market, it's his comfort zone.
Seems like a fairly stretched time frame for $20, though, doesn't it? If they stay on track for positive EPS in 2014 and continuing, they should hit $20 somewhere around 2015 I would think. It doesn't take much of a multiple to get them to $20.
I agree. I see $15 this year. $30 by 2015 at the least.