Shrug. It'll be a quiet April and a hot May. $20 target.I look at the modest volume trading and don't know what to make of it.
There are roughly as many buyers as sellers, meaning the share price will go nowhere in the short term.
Long run it'll boom. I'm amazed by the few guys trying to unlead big blocks at 6.80 and 6.90. Seems wildly shortsighted but to each their own.
My current price target is $20 in the intermediate term (12 months) and $30 at peak. I do this through sum of parts, comparables, and a multiple approach (discounted cash flow) and all ways are a consensus big return.
Given the market sloppiness here it could well be a White Knight outcome were Jimmy Pattison or someone just comes in a buys it out. A hostile takeover will be pricey, and will get us a solid mid-teens share price overnight. In some ways that might be for the best, buecause watching this lack of volume stagnate at this level is gross.