8 cent is a huge call. & being quite frank it would make no sense what so ever. 14.5 got broken into and hit 13.5.... With the aggressive tightening going on, it's showing on the XJO with a little more downside so 11c (11.5) may indeed may be hit.
8c I would say very unlikely & it's straight up unreasonable calling that price as it doesn't reflect the companies valuation at all. A sentiment of (sell) at these prices is Ludacris when id say we're near the absolute bottom. This 11c - 11.5c has been tested before many times and bounced.
You may be waiting in the grave for 8c
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