The strike prices for the warrant/option positions are somewhere in the 7s, so this stock needs to move north of that for the option holders to benefit.
And, fully diluted, were everyone to exercise their option positions, is still only about 13 million shares outstanding.
Given that, it's all about supply and demand, a float of about only 5 million shares and a company engaged on so many fronts with multiple companies about to go live on multiple product lines in existing growth markets.
What did they say regarding the market size opportunity ? A $31 billion target by 2018 ? That is quite a growth curve into which they will be introducing faster and cheaper products.
This is a keeper.