my guestimate is a bit over 2.6 times of the current SP - approx $4.22-ish by 2023 X'Mas. My guestimate should probably go much higher depends on how the war unfolds and whether the Fed decides to stop the interest rate rises...
PNV being highly targeted by shorters has gone through a similar phase. i.e. The HC forum has lots of shorters (or shorters' representatives) planting fears saying its the end of the world, it would keep falling etc... In May 2022 PNV has dropped to a low of 0.855 - a lot of holders have sold at that point due to panic and fear. In just 3 months August 2022 - it has gone up almost 260% from 0.855 and touched a high of 2.25!
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