Good for you man. The target is much higher, LightWaterPartners had a good outlook on BioAmber with a target of $8.73pps usd. I started digging a bit before buying it, Zacks has their target at $9.57pps usd if I remember right. Some guys have sent me links on StockTwits, I've read some crazy stuff with targets right up to $18.00pps. I don't know if it will make it to that level but I have a lot of respect for Jerome Hass at LightWater Partners. I put him in the same category as Callidus Capital, StreetWise Capital Partners... LightWater Partners, they're kinda the "elites". They always seem to deliver with minimal noise or b-llsh-t...I don't think $9.00pps is out of the question. He was a guest on BNN at the end of December, did a good run down on the stock & why he thinks it will hit it's target. I think it was BNN MarketCallTonight...Dec 29/16' Hot Picks, if you want to try to find / Google the link, if you want to watch it. So far I'm in at $4.32, $4.08 & $3.26 (long of course). I'm in the mindset that anything under $4.35-$4.45 is a good buy. Of course that's my own opinion, it all depends on what your view of the stock is & what you're comfortable with.
