I think there are far too many valid explanations as to why the share price might be where it is to settle on any one reason.
A few here are really questioning PLV at the moment. Thats healthy of course. But overdone and it loses its validity...perhaps.
Share price propped up? Possibly. The fact Ausjpn said he bought 3/4 of the shares yesterday demonstrates a regular on HC purchased those shares....hardly a 'market' reaction of sentiment either way.
Take HC (PLV thread) support out of the equation and it might be interesting..
Some here seem to think 14 cents is necessary. Necessary for whom exactly?
Regardless we continue to test lower lows. A concern from a TA perspective....and only further supports those 14 cent claims.
Just where is the value here?
Maybe we might get a little more detail come Tuesday?
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