Yes, but those double digits might be $0.89 a share. Watch out, this is probably another Pump and Dump. Unless you are in already and UP, going long monday would scare the pi$$ out of me!
Every short seller in the world are licking their chops. I think the stock will gap up Monday, run a bit, and CRASH.
Could be wrong, been known to happen : )
but.......................
You have seen the balance sheets and all the SEC fillings. You know that IF, again IF, they pull off a turn around, it is YEARS AWAY.
Book: 3 pennies, profit margin Minus 473%, EPS Minus $1.78, should I go on?? You get the picture...
Best case, they make a small profit in 6 years. Anyone here want to hold an over priced, finaially weak stock for 3 to 6 years, and may still fail at any point along the way?
Gap up to $7 would be GREAT, Better margin terms for short selling a stock under $10.
Larger GAP, More Gaps. Gaps usually, not always, but usually get filled.
But, I could be wrong...........
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