It popped onto my watchlist after Thursdays spike...
One of the things I look for after such long upwards shadow spikes, is any trading what-so-ever in the shadow area of the spike day...and in particular the nature of the trading.
Suffice to say, I took a position in the oppies today, with several grabs at 20 and 20.5c...and will likely buy more next week while the upwards push continues.
Such behavior typically prempts reratings of stocks...and generally speaking prices above the high of the spike day in the near-term.
Cheers!
CRJ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held