Today there was a massive accumulation at 4.2c - it wasn't day traders IMO, it was dumped into on several passes and they soaked up big big volumes. I was amazed that there was zero retreat, the buying was very strong.
Had this started an hour later, we would have closed out 4.3c, I think everyone was exhausted from such a rollercoaster effort..
I watch a lot of small caps in rallies and haven't seen anything like the past couple of days. Holding on for a couple days will see some solid gains. If they don't release ANN before easter, I'm certain they will have it completed by return from break. They have accelerated everything from acquisition to CR cancelation, to deals with major telco - they will subsequently accelerate ANNs.
GLTA
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