Its hard to say, with the gloom that has overcome this stock, whether old support lines mean a helluva lot; however, at the moment Id say 2.5c support is currently holding, and if that fails then it will go to 2c.
The question really is would people who have been holding since those days when it was in the 1's and 2's still be around to sell this off? I have my doubts...so that suggests that most people have just been locking in losses.../gulp.
Its disappointing, despite whatever experience I have trading, I still fell for the old 'smell the cheese' ann + CR, which was annoying.
For me its a case of riding out the crash and seeing what things look like when the buying starts again. Anyone who can average at the current prices might be able to dig their way out on the next couple of ann's. But people like Next Investors that went in around the 8 to 10c range are deep underwater now, and perhaps in the depressing 'bottom drawer' situation.
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