My guess that the stock will trend upwards most to a price of about 4.50 the day before the next earnings.
Given that they are at that threshold where the incremental sales go into earnings less ,cost of gods and commissions, it would be reasonable to get a p/s of 1 before the earnings call.
The irrational gloom and doom of being ignored and unloved has ended. Now we have the move to normalcy.
Great move up the last week or so and glad put me in positive. Not a trader so I hold throughout the highs and lows. I think trades will be in the 1.50 to 2.50 until earnings and if we think earnings and cash flow are positive then price Goes up to 3 - 5 range if not back in the below 1.00. I'm holding interesting to note if thing continue positive then I see value in the tax lost carry forwards with a buy out.
I believe we will retrace to the low 2's and end where we are today or the low 3's by next earnings date. Bottom line is that we will have a large enough percentage retracement to justify a short trade in the next 2.5 months.