Good call on european interest reaching a fever. Calling the shape of the coming jump up and then settling out will be interesting.
Here is what happened on the previous big news of Oct. 29: 1 day trading: up 34% over pre-NR (3.36 to 4.50, peak $4.75). 5 more days trading at +24% over pre-NR level . 1 month trading: +7% over pre-NR level (finish 3.59)
A similar pattern would take us to: A high of $5.08 tomorrow. A close of $4.84 tomorrow. A close of $3.84 in one month.
Of course, history, never repeats itself exactly. Just approximately. A person would have to decide - is this NR more like September 28 (approx date) or October 29? (funny how their big NR's are now 1 month apart).
If this news were more like the initial surprise of September 28 (rather than the more recent October 29), then a copy of the original trace from $0.65 to $3.36 in one month, would take use to $18.50 by December 28. Sugarplum dreams. I am sure that won't happen. I would bet on the Oct. 29 situation more than the latter. Something settling above $5 near-term and $4 medium-term, with bobbles e.g. 75 cents under and over for a while. Of course if there are enough far-sighted individuals we could breach $6 for a while.
What thinks the rest of the team here?