not sure how this plays out

The signal Friday was not exactly compelling despite its historical precedence. Now today's price action looked contrived all day with a desperate attempt to close it at the highs, yet here we are back in the mid 6c area with no real resistance to speak of.

Most likely scenario is someone playing games with us but it is possible that Geoff drummed up interest from his travels. I don't think anone really chases a spec like that but there was never going to be a struggle up to about 7-8c area. After that we will see how solid the register really is.

I don't think the offer stack disappearing is such a big deal - I had a couple of orders sitting about for trades that I cancelled till I know more about what today was all about. With the activity ADO is generating offshore you never know who is interested in buying a stake.

At best someone managed to buy $250k today assuming they got most of the market. Do they let it backfill say to the high 5c area and go again or keep the pressure on up to the real test area? MACD is alive and well in ADO but a move like today is a bit surprising - if it is supposed to run for at least a month where do we end up?