I really think it can go $50+, and sooner than later. Even with the minor dilutions, and the 2 reverse splits we've gone through to get to this point, the stock has cleared some of the major hurdles. Because of this last split, there is a crazy low float in the stock. Next month's earning will tell us a lot.
I think we need to get back to $8 and change to equate the 2 reverse splits. I lost track. Getting out of the stock and into the warrants is the best leverage move you can make right now.
Did you notice how the warrants traded .15 to .20 below parity today... then spiked as the stock sold off?? Crazy. I don't get why a warrant with 5 years left is trading parity. "The options know though." Upward we go. I hope... obviously.
My strategy is similar to yours. Not selling anything until the $20+ range. Keep a core position, but try and pick spots to lighten the load here and there.
That nirkim12 dude on yahoo is insane.
Good luck!
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