Care to elaborate Mr Corker? What exactly is your chart telling us?
From where I stand, I see some movement on no volume and hence no interest. Recent activity suggests a reluctance of sellers to accept in the .2 - .25 range and a reluctance of buyers to pay a premium to this. I will say there appears to be an uptick in interest but insufficient in my opinion to actually generate a meaningful movement in price.
I will be interested to see what the coming week brings as the last couple of weeks bars appear as though they may be a bit of a turning point, but with the low volume I really think this ones a bit hard to pick.
See my attached chart.
STB Price at posting:
26.5¢ Sentiment: None Disclosure: Held
