Originally Posted by
trader_jackson
I thought it would be $3 by weeks end, but I was wrong, it is $3 now (a day early) and they still lining up at the $3 mark with just 1 guy left selling 230 shares at $3.20... in fact nearly 13.4k shares lined up above yesterdays closing price (of $2.90)
That's now alot, but it is alot for AFT, a company which had an average turn over of only a few thousand, until 7 ish weeks ago that is.
Imagine how nuts this is going to go when the brokers get some from the founder (in an orderly sell down) and need to push to their clients... might be higher than $4 price targets issued... but I'd be ok with a 12 month price target of $3 - that is 33% higher than todays price, and 135% higher than the price a mere 7 weeks ago.