Thursday, March 06, 2014 12:00:54 AM
Whoever was buying last month has clearly taken their foot off the gas... volume is very light. When it picks up again, with the current share structure, I believe we will be at $10 in a heartbeat.
It may not happen ... but if it does I think the best hedging strategy is to sell some shares and buy September Calls.
And you should factor in that if they hit a duster we will be back to penny stock status overnight
Exciting stuff ... all going to play out in the next few months ... I see no better upside potential in the entire market.
GLTA
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