The 52 week high is $2.72
How many more design wins have they announced since then? Certainly more outstanding shares but still no debt and a cash position as we look forward to teh second half of 2017 when the ramp is anticipated to move forward significantly.
Today's price is the 52 week low. The overall market is on fire. Management needs to do something to alter market perception of their current situation.
So doable.