JAG may be giving an opportunity for entry. We know the Chinese liked it for about $9.30 a share. Not sure if there will be a bidding war, but that may be the price that can tentatively be banked on for now.
Thinking this should stay above $7 until the Chinese walk completely out of the room. However, technicals look dangerous as quick ups need quick downs for balance. A few more days should show where support will stand until this is resolved.