daytrade diaries... october 8, page-204

izmoc - RED was capped seriously at 12 cents.

When the 3 million odd shares at 12 cent went this morning the flood gates opened. There are minimal shares available now that capping has been removed (I'm sure on a chart you will find technical resistance at various levels but my thought is that it could run to 18 cents before seeing any reasonable resistance in this FIRST phase - remember fundamentally speaking its currently trading about 40% of its underlying value on a Bankable Feasibility Study)!