Watching how fluidly the bid/ask moved today, it could easily move upwards with little resistance. The only ones that are still invested into IHAI would be the 'Longs' and any investor that has discipline enough to wait/hold. So in my opinion, the SP on this could very easily make it to $2.50-$5.00 with the right news and solid financials being released. AJMHO of course, all due to the fact that the bid/ask aren't stacked yet. And until that happens (more investors come in to day trade this thing), this should move rather easily. I've also seen 'Daytraders' come in and move a given stock up pretty quickly as well.
That being said, should that happen with IHAI, we could be in for one interesting roller-coaster ride. I just hope to see more ups than downs with this ride. Only time can tell.
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