An inexorable march up will start very soon and will last at least til Q4. Might be slow but will get no less than $8 and may be as high as $9. I mean- expanding margins!!!! If a new partnership occurs,it will easily go to double up, that's the play here.
I agree. I think we'll see this stock hit $9-$10 by the Fall. If (MAJOR IF, I PUT IT AT HIGHLY UNLIKELY) a buyout deal is announced, I also agree that it will come with a sizable premium.... but I doubt it will be double.
This stock will close out the calendar year at about $10-$11.
Of course, the usual caveat is .... unless there is another complete market meltdown. Sadly, I put the chances of that happening a lot higher than a buyout.