This looks like a $6 to $7 stock by end of January.
needs to get through $4.30. lot's of sellers today. Huge volume going nowhere. Churn is never good.
Break of $4.26 and it looks like it will want to hit $4.37 - possibly today.
Any close above $4.21 and it looks like a clean breakout with a quick 35% to 50% very much possible in weeks.
Looks like it is on a virtual launchpad.
The current position seems extremely positive.
What do you see that is not currently reflected by the markets valuation of the stock? Im just wondering what your seeing that would legitimize a 50% move in the stocks price over the next 3 weeks.
See a very possible $.48 to (best case) $.58 per share in earnings next year and applying a 15 Forward PE.
$7 + would be the number at a minimum.
Market discounted 80% of the entire 2012 growth cycle back in January / Febbruary 2012.
Could do it again with ease. Or maybe it takes 4 to 6 months.
They are a highly profitable company.