eyes open, page-6

JSM,

I agree, not anytime soon but the 146M traded on 07/12/2007 tells me that the 6 cent range is easily achievable over the next week or so.
We've also just had a couple of nice days around 4M mark with gentle increases in the SP. It's not so much that the buyers will push it up but more like the holders from the 07/12 will pull it back up. If you know what I mean :)

Relative Analysis
First Listed: 13-02-2001
Record High: 0.899
Record Low: 0.029
Record Volume: 146,209,527
6-month High: 0.105
5-day EMA: 0.037
10-day EMA: 0.038
15-day EMA: 0.042
30-day EMA: 0.055
Avg Volume: 6,914,165

Snapshot 05-01-2008 13:43
Last Traded: 04-01-2008
Last Price: 0.040
Ticks: 1
No. of Trades: 45
Volume: 4,560,041
Opening Price: 0.039
High Price: 0.040
Low Price: 0.037
Buyers: 0.038 (12,662,348)
Sellers: 0.040 (12,144,175)

The buyers versus sellers are line ball and since the re-listing frenzy and the subsequent profit taking there is actually quite a nice, short term, rounded bottom forming.

IMO the next couple of weeks will be interesting as a few new buyers enter the mix and a few of the 07/12 holders see the gentle turn around and maybe average down their positions.

As with any speccie, there's also always the chance of some news appearing out of left field. I hope so.

Cheers... kse3137

Live data taken from http://turbotrader.net.au