Jarcor it could get to 0.016 - If you check out the current volume of sell's in the 0.008c+ area its pretty light! That's when the SP could hypothetically race up quickly into the 0.016 area?! The current 0.007-0.008 combined volume (40mil) was smashed in less than 2 days on the 22/8 and 23/8 and no actual official announcement caused that steep volume increase.
It makes me wonder if a 60mil+ volume increase is likely upon official flow testing news which could push the SP well north of 0.01c.
Adding to that, you would have to be a bit noobish to keep your sell order at 0.007c if good flow testing results were released - I suspect many would move their sell orders back much higher than the 0.008c area.
And 'thetress' you are right - people could get in and out quickly upon flow test news but perhaps all of the news soon after flow testing i.e. 'oil production news' may keep people in and the majority may delay their gratification?
AKK Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
