Shorts Covering, page-6

It was up 500% in 2 days. That sort of price movement it not sustainable. It was always going to pull back to consolidate. Others are calling it a pump and dump. Feels like scare mongering but they are entitled to their opinions. I am less pessimistic though it can definitely pull back further I don't think it will go back to 5c or even 10c seems pretty unlikely. Give it some time. It is not without risk and unlikely IMO to shoot to monster price targets of 50c/$1 in under a fortnight as some seem to be hoping (would be nice if it did!). One good report does not make a turn around, if they can deliver a solid full year report then these much higher price targets could come into play. But then again I could be completely wrong :/ bought a small parcel at 20.5c today will watch for now and decide whether to add more or sell and come back later.