Do you think every stock that has traded at $1.00 or more has been worth the actual amount of the calculations? No. Stocks run on momentum. Just bc a company is not worth a certain amount right now does not limit it from running to a certain pps.
I agree with you 100% It would take some revenue news - substantial at that - to get this stock up in the dollar zone... TRUE it could reach there on momentum, but like I said, the news/timing/etc would have to be absolutely perfect.... Very VERY unlikely to get to that on one piece of news imo.