I don't think it ever sees $1 again. Otherwise YA Global would not have needed to dramatically drop the excercise price of their warrants that had been at prices around 50 to 70 cents. And each of the two or three pumps since the Cryptometrics surge to $1.59 have reached lower and lower peaks. No matter how much they flog the 350 million naked short shares story they just can't get the stock to move very far with their continuing merger stories. And it appears to be getting harder and harder for them to find new investors for the pumps.

If history repeats itself, the scenario could unfold as follows. The CardioGenics merger falls apart and the stock continues to drop from the recent runup price. My guess is it gets near or into single digits. Once the restriction ends on the recently awarded shares to YA Global near the end of the year, the next merger partner appears and the stock runs up yet again. The price most likely does not get to the highs this time around in the mid forties. Probably into the 20 or maybe 30 cent range. Still plenty of room for YA Global to make a nice profit on their 5, 7, and 10 cent shares.

Now the boys over on RB will tell you I know nothing about stocks or investing so take this theory with a grain of salt if you wish. However, this "story" can keep going as long as YA Global is willing to put in enough money to keep the JAGH operations afloat and run the stock up every once in a while to make a profit while long investors continue to lose their money. But then again, the boys over on RB will tell you it is not a loss as long as it is on paper only. If they never sell they can continue to pretend the stock is going to 5, 10, or 100 on the NSS squeeze that will, in my opinion, never happen.

If my theory is correct, the only way for you to get even would be to wait until the CardioGenics deal is cancelled and the stock falls. If it gets near or into single digits, buy more and average down in the hope that the next pump is successful to 20 or 30 cents a share give or take. If the story ends at CardioGenics and there is not another merger pump, you will have lost a little more money but if they go to the well one more time you get even for much less than $1 per share.