I hope this gaps up like last week to 8.50 or more in pre-market and then short the hell out of it and fade into 7's and cover. Anybody thinking of making a play on it?
I made a horrible call on this and actually went long in the 11's. I have a feeling I will get burned. I chased it like a retard. I think I'm screwed.
Wow, I just woke up. My GTC order was hit at the open and I'm out with a small gain. I want nothing to do with this stock for awhile.
Go to stockpickr and you can find it on the list of most volatile stocks. The best time to buy this is when it dumps down. The mistake is getting in it when it gaps up. You know every trader is looking at this and waiting for it to gap and jump aboard. Then when everyone jumps aboard, everyone else dumps and then look out below. Just buy it when it comes back down and wait patiently.