I'm assuming professional investors have been waiting for the...

I'm assuming professional investors have been waiting for the MRE before committing and that they'll buy in big then. As to whether we'll have a strong rise before (such as the $1.45 you suggest, or higher), I think it'll depend whether some pros enter before release. We saw on Friday that although the rise of 12% was great we still had a lot of holders happy to sell into it, as if they had no belief that the SP would go much higher, so I figure if we reach $1.20-$1.25 many recently-acquired retail holders will be happy with that and create resistance. Hopefully that'll prove irrelevant, though, after MRE release. A new all time high would go down very nicely!