My prediction is April 4-5.
The question isn't when $10 is reached. It should blow through that easily. The question is when is the $8 level reached.
I don't know but I certainly hope it is after the $17 you predicted by April 20. :-)
Let me also add that the really scary thing is that capitulation has not even happened yet. When capitulation finally does happen, who knows how low it will go.
Are MTG holders still smiling today?
NO ! Not a smile for the mREIT people, but then who has been smiling for the last two weeks w/what is going on with the EURO Union ? So now the shorts make a few $$.