Sitting on MA's here for minor support. then support good...

Sitting on MA's here for minor support. then support good support at 71-71.5c, then 65.5c, then finally the base would be 61c IMO.

Fundamentally, the selling is confusing and doesn't make sense. Would've thought that was a buy the news event. But I suppose that is what happens when the announcement remains vague. If @Accumul8 is right about the clarification of the "value-add" opportunities, that should come within the next few weeks, that announcement should help clarify that whole extension a little. But ambiguity = risk = lower SP.

Remember, a lot of brokers were accumulating in the 80-85c range for a long time.