We have found support at the support level - and I expect that to hold - I just wish I'd been smart enough to buy around this level. For those that did ... well played. A billion shares traded - holy crap - and we're still not exhausted yet.
Four thoughts ...
We have an awfully hard grind ahead of us over the next month. Lots and lots and lots of players just itching to get their money back.
That wasn't just dumb retail buying ... I saw some really, really big licks going through in the high two's.
I don't think the final 60 million share sale was planned - he had ample opportunity to get rid of them all during the first sell off ... I think pressure came to bear.
It can't get any worse
CXZ Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
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