10c psychological barrier

It is always the same game. Under 10c there is some soft landing if it goes down, but over 10c you pay 5 times more for each step difference then under. And that is why we see all these pile ups at CNP,VPG and so on. The majority knows that daytraders don't care about crashing a stock as we could observe perfectly today in CER and VPG. Therefore they try to reduce the risk to pay to much and wait in line.
As I have stated several times, someone who is convinced about a stock will buy it, doesn't matter 10.5 or 11c and will not sell if she / he knows it is undervalued at this level.

I am holding now with 300.000 shares, bought at average 9c and will enjoy the ride.
Look, buyers realise she is still a bargain !!!!!!!!!!