Note that the 10% maximum allowable move works both ways....it can't drop by more than 10% in one day, likewise it can't climb more than that. I'm seeing an 8.24% gain thus far with lots of trading left in the day.
Contest ends tomorrow, and sadly I think my $3.50 guess is still too high....but I'll be happy if I'm wrong, would love for it to be too low :-)