Technically speaking - a move over $30 looks likely
Based on the opening price and the strength this security is showing with a weak tape, also the huge short position that is going the oppisite of the shorts, all told this security should take out the $30 mark sometime today.
Either of you could be right but only longs will be right big. If it is up Monday, we will probably break 30 next week or soon after. If it is down Monday, it will probably find support at 24 and be weak for a while before breaking 30 in about 4-6 weeks. 10% in a week or 25% in 4-6 weeks - it's not bad either way.