Predictions on what price we will close at the first day back..
All the pros and cons have been discussed.. imo the only thing that will slow the SP down will be the price the CR is done at. (assuming speculation of acquisition is as disccused)
My pick, if CR is done
sub .015 it will be a huge negative, another giveaway by management, close will be back in the teens (1.5-1.9cps)
.020 - .023 - SP will see a significant move, 20-30%.
.024 or greater, will put great confidence that the management have the SH interest and I would be confident to see nothing shy of .030
all imo.
WFE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Not Held