This stock will melt up as people realize the delinquency issue is contained. Without a spike in delinquencies this is easily a $35 stock. If the melt up gains some momentum we could get a short squeeze.
This stock is down over 70% due to fears of delinquencies spiraling out of control. That fear is suddenly evaporated. We're not going all the way back to the $70s, that was just too high. But we should get into the high twenties in the near term. If next month delinquencies go down again we'll get another boost.
Management never panicked. They kept the new store growth going full blast the whole time.