No one can predict the markets or the price of any stock; however, I think you will learn a brutal lesson tomorrow if you are short this stock. In my opinion, ELN will open on Monday above $3.50 and close well above that level. I would like to see it open lower as I intend to buy additional shares, but I don't think it will happen. Good luck to you in any case.
I agree. I think by late spring, after the specific asset sales and price, we will have a better handle on things.
Based on what I see, the $6 is very conservative valuation. But we do need to also clear the SEC, which you and I agree that this will happen.
I am confident the common here will probably exceed significantly my price targets, but since these are not sell targets, it doesn't really matter (unless I make a tatical sell to buy back in again if it moves up too fast).