What is the probability? Probably about that required to win a share of Powerball last night, which is approx 1 in 134.5M. You are more likley to be struck by lightning twice on a walk in a thunderstorm.
If it did hit even just $4/share, I would sell down my holdings to recover capital (and maybe a bit more) and let the rest freeride.
If it hit >$6/share, I would probably sell out completely before the drop thereafter. Anything on the $8.80+ region would be an insta-sell, and only because it is so far fetched. The only way that is happening is with a takeover bid at mega-premiums (and lining Joel & Bane's pockets).
I put the value of the software higher than the market cap minus cash on hand, so we should see more upwards motion. But not $4/$8 as that is simply pie in the sky wishing.
GSW Price at posting:
71.0¢ Sentiment: None Disclosure: Held
