What do you guys think? This stock does look too cheap here and the chart looks good too. I have to agree the downside looks limited so what upside does it have next week? If I can buy at 50 cents and ride it to 65 cents I am up 30% but if it can go to 75 cents next week I am up 50% which makes this really interesting.
I am not sure if I can buy at 50 cents next week since it is trading around 53 cents in after hours but even then the upside looks very good.
I think it will depend on the volume on Monday and Tuesday, if it is heavy like today I think 65 to 75 cents is coming next week, maybe more if momentum trades get on board.