Ann: Halucenex Secures Research Agreement with Acadia University, page-19

It's more like a last opportunity to sell before 11c support is broken.

The fundamentals are appalling, the announcements are literally a joke (thanks for the laughs to those here who made some good ones!).

The technicals are screaming 'Sell Sell Sell!!!'

When the market is continually testing support or resistance on low volume, as you say it is, that level is likely to be broken. Do take a look at the CPH chart; late July and early last month there was a low at 11c. This month, now, the same level is being retested, on much lower volume, with a long term downtrend which has existed consistently since the erroneous rerate last year.

Once 11c support is broken, which seems all but assured, it's only 2 pips to single figures which is an obvious psychological level and will also no doubt trigger stop losses.

This is an absolute text book example of a time to exit immediate, based on the technicals. The fundamentals in my opinion are even worse, but that's another discussion.

Don't take my word for it, look at the chart, look at the obvious downtrend which has existed since before the start of the year (analyse it as much as you want or simply look at the chart and you'll see it as clearly as you ever saw anything), look at the obvious testing of 11c, look at the volume this time around, and look up what it means when trade volume is reduced when support is being tested for a second time. It goes without saying that 10c as such a round figure is a significant level to be broken.