Sure, it's a bit early to claim all is well - but it's worth saying it just to change the heading of the most recent post. The 20% drop heading was getting me down!
Fingers crossed but some support is obviously building. Yeah, support at 12 - 14c is rubbish, but it's better than nothing. It'll be interesting to see if the seller has any more cannons to fire. IMHO the buyers have been shy to step in until now because of all the factors i listed before but i've definitely come around to Hayman's thinking that a motivated seller or two has caused the damage. I doubt it's because of a "problem" with the technology - more likely a problem with that seller's leverage or exposure across the market.
Lets hope they're not just letting support build before another wave of selling - if they are finished, I'm hoping for a quick bounce back up. This afternoon and tomorrow morning will be interesting - here's hoping for some relief.
CNM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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