volumes, page-7

re: hey S,

I was VERY suprised to see the price drop to 3.6. I think it was that seller who came on at 3.9 / >600k, then got impatient and sold at 3.8 that triggered a selling off for one reason or another. Good on him, people can buy / sell whenever they want. Not up to me.

The result was that the "panic" dropped the price to my stop while I was out for lunch and bang ... for the sake of $700 @ 3.6 I was kicked OUT. I'm very unhappy about it, esp since 2mins later it recovered.

Looking at the chart, today it reached down and touched the 14day EMA.

I tend to agree with you that it could breach 4 tomorrow, since the momentum still seems to be up, and if nothing else, today showed that there are plenty of people watching and ready to pounce. My thinking is that anyone who wanted an excuse to sell out today had opportunity, esp toward the end at 3.8 / 3.9. But the price resumed it's course pretty convincingly.

So ... I'm totally pissed, but at the same time encouraged. Bought back in ... less shares, higher price, but ... that's trading. At least I didn't make a loss.

cheers