We have had that heavy buy side vaporise overnight so there may be more pain coming for the holders. The support level in the .195-205 range has effectively been removed. I do think that we may be going to the mid teens at this rate.
To bottom out the entire buy side will only require around $18k worth of stock (that is to wipe all buy lines), that would lands us around .165, pretty grim.
Ann: Activities Report and Appendix 4C, page-48
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
