You know what my bet is? I think next week they will start the new FASL procedure. That will include stock-exchange program, underwriter and a amjor pump-and-dump underwriting activity.
Do you recall last year, when convertible offering was made? It was a huge volume, dump in the first day, when stock purchase was made, then very major pump to make all issued securities deeply in money, and, finally, complete lost of interest with drifting back to the same level.
This time they can make a nice short rally to the $9-$10 level. Don't be fooled, stock will drift back to the $6.5 level after that. Just be prepared, try to catch the wind, sell on high. I'm ready to write calls, all my shares are unprotected this week.
Tha was my personal bet, we'll see if I was right in few weeks.
Have a nice trading!