I have been so hating all these pieces of crap for quite a while, but if you want think outside the box and in a purely speculative fashion, I actually think this piece o’ crap could go higher.
BAC gets announced as having interest, and the stock goes from $5.5 to 8.90 in 10 MINUTES!!! It then does a “perfect” .382 fib retracement. The stock trades 233 million shares on the upside. I’m sure it’s higher in after market but based on technicals this dog has 9-10 bucks written all over it.
According to sources, talks are ongoing and a deal could be announced at anytime, or fall apart at anytime. I will play this one small because anything can happen.