guys it appears some of you aren't looking at the sell-side of GMV.
sure we got some great news today, however SP hovered around 10.5 cents so long that many used that price as either their entry or average-down price. Sell side above this (in the low and mid teens) is LOADED by those looking to make a quick buck, those impatient enough to go long and day/swing traders.
IMO breaking through this will require some well-timed and consistent good news, or one massive piece of news. with the 7 cent'ers entering this Friday, we may even see more downward pressure, its up to you to expect that and not let it frustrate you.
I have a long position after buying in 9c range, understanding that the best way for SP to gain consistently and securely is via healthy sales, which GMV is in a prime position to achieve over the next 12 months.
GMV Price at posting:
9.8¢ Sentiment: Hold Disclosure: Held