I think the only explanation for the movement on Friday is that there is exceptional news coming. I am not saying this company leaks like a sieve but history tells me that positive surges in this company proceed positive announcements. When you look at historical drilling into Buda Limestone it is very productive so I am expecting a big announcement before the market opens on Tuesday.
My theory on why it dropped so much on Wednesday and Thursday is that someone who who holds a lot of stock has got sick of waiting and is dumping everything they have.
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I think the only explanation for the movement on Friday is that...
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Open | High | Low | Value | Volume |
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2 | 250000 | 0.015 |
3 | 471857 | 0.014 |
3 | 930000 | 0.013 |
2 | 1000000 | 0.012 |
Price($) | Vol. | No. |
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0.017 | 726608 | 3 |
0.018 | 582468 | 2 |
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