Today was nothing more than a dead cat bounce. While I do think this is starting to bottom around lows $6s it probably isn't going to do much..maybe trade around $6s-$8s price range until they have some results later this year. I don't think is a good trading stock right now, but more of a buy and hold for 6 months to 12 months. There are alot of investors who bought in the stock offering and not here to see this move up a few bucks. The are not likely too sell, but hold and see how this plays out. I also don't see a ton of new money coming in either so I think we have a stock that will probably not do much over the next couple of months.
I bought some at 20, not a ton, but yeah..and then more at 6.80...My avg cost is close to 10. So I have every reason to want this to go up. I'm just saying that it could take a few months. I'm in this for at least the next 6 months.