$1 would be very nice but I think you will need to see a major share consolidation and some significantly improved revenue for that to come to fruition.
I think if ESH is to show the sort of promise that would get it close to say 20c it would have to have a profile sufficiently attractive for someone to mount a takeover - perhaps Microsoft?
I confess I had lost patience with ESH, my original average was a little over 1c and I have been underwater for a while. I decided to average down just above the recent SP low point - a rare moment of prefect timing for me before the recent announcements. My intention was to "jump ship" at the earliest opportunity but the new Board members have in my opinion (and judging by the SP escalation it is the opinion of others) the background to take ESH to the next step. The next 12 months could be interesting and hopefully profitable for ESH shareholders.
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