I was thinking about this carefully & looking for positives from yesterdays flush out...
There were 12m shares traded - so 12m sellers (& obviously 12m buyers). The sellers were the nervous holders who didn't really have the conviction us LTers have in the stock. So in a way, they were always going to sell in a relatively quick timeframe.
Now that they are out, the registry is even tighter again & we can power through the levels...
As I type, 10.5 is getting taken out...
ALC Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
