looking very weak, page-11

They have placed another 100 mil shares at 74 cents with a surprisingly high 35% taken up by retailers. What is does mean is there is a strong incentive to get the price a lot higher. Currently 10% under the placement price which, as usual in our market, doesn't make much sense.

Technicals are dominating all stocks regardless of fundamentals these days and the stock is in the 5th and hopefully final leg of a downtrend. Very strong suppport in the low to mid 60s and price way under the average placement price of the recent 280 million shares at $1.02 and 74 cents respectively.

Summary - expect significant accumulation at these levels as long termers acquire short termers shares.