Pops,
If TKO goes cashflow positive from operations to a significant degree in the 3rd quarter, I agree with you it may jump back towards $2.60. For now, I'd be very happy with $1.90 by the end of October, and then a jump over $2 after the CC (in November probably).
I think lot depends on general market conditions and the investing climate by then. I heard an analyst this morning suggest that the Fed may only cut the DISCOUNT rate again rather than the FUNDS rate. Frankly, this makes the most sense to me. The financial institutions need a lot more liquidity. We need the 1/2% FUNDS rate cut to stimulate the market (via the consumer) for sure, but it's not the best move for the economy overall, and will lead to added inflation (from a sinking dollar) next year.
Time will tell, but I think it's looking more and more promising for TKO. Its price performance since late August has been solid!!
