WAMUQ - $.40 Target To be Hit In One Session?

WAMUQ closed trading at $.33 yesterday.  We noted how it broke out of our channel and put a short term target of $.40 on it.  Now, several hours later, WAMUQ already looks like it is going to hit our targets, once again much sooner than expected.   It is trading over $.38 a share in the pre-market.  At this rate we could be looking at $.50 before the month is through.