Holy Cow! Nearly 25% of the float traded today and the shares are now in new hands. As for my shares. . . . sorry, I'm still holding them. I think fair value is around $10, based on 2015 earnings estimates.
2015 estimate is 0.43. So how much should be the P/E ?
Being in hot EV technology sector, I would give a multiple of 30-40x PE. That would give price target of $12 to $16.
Sentiment: Strong Buy