Very good points on this thread already... Herebus, I think you made a good sale... you sold out on a spike... Range had a good run from 14.5c..... Range turned again today.... this is going lower I reckon... Ive watched 11 Months of trading patterns with this stock and the standout thing I have noticed is - Any run (eg receont one, 14.5c to 20 ) eventually turns and hits lower lows than the previous lows before it ran up...
traders are selling now... fundamentalists/investors pick up the drag on the following days as it is cheaper than the previous day... Fundamentalists wont pay a price that is 20% higher than the lows of 2-3 weeks ago considering the situation is just is worse, infact much of the downside is not fully factored in and should be... This is heading lower...... This will hit 12cents before it hits 30cents...
RRS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
