I keep the eye on this stock during the last two weeks. One person placed a buy 1M order @ 0.31 for a while. That's why the stock found very strong support between 0.32 - 0.33. That 1M has been filled this afternoon. I think the job was done by shorter, not seller. Because there is no such high volume in ONE traction recently. The shorter position is actually about 1.3M. The shorter tried to beat the 1M buy position in order to push down the price. Now it is very interesting how the shorter cover such huge column if the price is still above 0.30 in next week.
BND Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held