Less liquidity, and much higher price point means day traders...

Less liquidity, and much higher price point means day traders stay away resulting in less trades, this can result in bigger bounces if an institution wants to take a position as most have minimum holding requirements, but can also result in free falls as well if they choose to exit, recently demonstrated with desert mountain on some poor news. Higher liquidity stocks like bnl however will have a larger wave range in thier price due to higher number of trades .. for example we are now entering a pull back period while our fundimentals are actually more positive because traders that bought in in the .030s are now taking profits, they don't care about the company just the chart wave pattern, why I believe we could dip to .042 even though permit announcement is getting closer, this would represent a buying opportunity as stock is now forming a new pattern based on better fundimentals, being the liklyhood of permit application being possitive. Suggest new range is .042- .054 with a new range set after spike from the granting of permit.