Who knows cisco.

One thing I can predict with certainty though is that people who are looking at FDR bouncing off lows and not buying will be chasing when it gets back to $3. This is typical deer in headlights, follow the herd  kind of mentality.

Could FDR and other stocks that are trading at their lows go lower? Absolutely, but the upside potential is well worth the downside risk as long as you pick your stops correctly.