I've said nothing about the funnymentals other than the companies stuff up with the recent news. I never said they were running out of money, they just did a raise ffs.
Why would brokerage data back up my chart? The chart shows the picture of accumulation/distribution, as I said, prior to the recent news it was a picture of accumulation, that's now changed. it's not necessarily the end of the story, it can turn around and reform but it's going to take a lot of time if it does. As I said(twice now), the next rally will give a lot more information about whether there is still a real bid here or if the big money is getting out but for now, orderly selling like this is more likely distribution
EIQ Price at posting:
24.0¢ Sentiment: None Disclosure: Not Held
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