re: torched EKA appears headed to 20c, yes. The EKA "bounce" you hope for is what ... a deadcat bounce from oversold? The stock is down. I may wish it was higher but it isn't. The market has decided.
As for bets ... well, I prefer to trade objectively, not punt on a wing and a prayer. If he wants to bet on EKA he is free to buy and sell at his discretion ... and make his own determination as to the risk/reward of the trade.
By my reckoning, any short-term bounce in EKA is a great opportunity to sell or short.
good luck
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