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The Trade I wouldn't chase the open but I would want to get a small piece shortly after the "market on open" orders are filled. If the stock pauses or pulls back a little I would be ready to add. I think 4.00 is a reasonable target and that would be about 20% upside. With a stop just under Wednesday's low of 3.16 you'll have the 200 day above your stop and if it does trip you can watch for a bounce from 3.00 to buy it back if you like.