I think it’s worth watching. The reaction to the earnings was a big over-reaction IMHO.
I don’t think it will take much for it to get back over $6
This was an exceptional day. These shares have acted much better the last couple afternoons. The volume looks good on a cursory glance, and the smaller shares sort of ruled the day. We might look back on today as being the real kickoff to the bull market in the shares.
Still have to get through tomorrow’s Fed meeting where anything goes, but I think some real buying came in today. We will see.
