Hi FORTISGR,
As you know, nobody can 100% predict what's going to happen to a stock.. that said, I see SGOC trading more than 3$ atleast some time next week .. and it may dip down or even break 4$ depending on how people going to position for earnings..
For me, earning is the key..if subsidiary sale reflect fully on earnings then this is going way higher.. even if we get part of sale$ reflected still this could test 6$ if everything goes well.
if you notice, this was trading in 2.5$+ range in Nov last year and came down on low volume.. so we are now back to where it was before.
overall I still see good risk vs reward from this level.. of course anything under 2$ pretty good now.. personally I am hoping for a dip so that I can buy before earning..:-)
good luck
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