Andy, judging by what you're saying about the big volume spike and now the sideways price action, you don't know much about technical analysis.
What we've seen since the run up a week ago is abosultey healthy for a continued SP rise. In fact right now it looks FANTASTIC.
Can you see that there has to be a sell off in order for this to move up? When the volume drops right off and we get this "mexican standoff" it means the selling is coming to an end. This is usually followed by continued buying and an attempt to break the previous high (the run up to 1.8c)
Also the long lower wick yesterday hints that the bottom is in.
On top of all of that technical bullishness, we have all of the fundamental reasons I listed as to why this should go up.
I really have no idea what why you're so bearish. I makes me wonder why you're still holding the stock?
Can I ask you why you hold?
GNI Price at posting:
1.5¢ Sentiment: LT Buy Disclosure: Held
