AOI: Where do we go from here?
A value play with big investment from Baupost...sizeable debt load...significant short interest. Lots of volume so far in 2010 and the stock has caught fire this week. More than 10% yesterday, 18% in the past month and another 6% after hours today...
Looking at the long-term chart we are approaching what appears to be a significant milestone...the mid 6's.
Does it double from here or breakdown in a heap this year? I am holding with a 35% gain and need to start pondering the upside potential vs downside risk from hear.
I lean towards locking and loading for the long haul here...Anticitrade model has a price target of around 9...others say 10 and beyond. What say you?