I don't disagree with some sensible caution. However what is...

I don't disagree with some sensible caution. However what is interesting is the turn around in market depth since the selling panic. After today there's 5.2 M buyers to 2.0 M sellers. Who ever that's been buying during the week have not bothered put their parcel in the sell side so it tells me they are expecting much higher prices. I also think a good portion of short term traders have fed their sell in within one or two days, taking modest profits but being on the safe side. The other reason for volume bought not showing up on sell side could be insto's buying. Who ever that has been selling have been nicely soaked up by the buyers on a day to day basis. I think this means we are not going to have a sudden sell down or profit taking in the near future and that sp will continue to trot along.
Macd, momentum, volume accumulation - basically everything on the chart points to some great scope for the next few days.
It will be interesting where sp will rests, probably around the mid 50's.

There is undeniable momentum on the chart regardless of what people think of the debt situation, and I guess sense will prevail I mean they have more than 1 billion in revenue and the market cap is now 90 M and rumours of take over/sale.

I'm hoping above 70 cents for my lot, and am willing to wait.

(But what do I know about charting - I sold NIP two days ago...)

Cheers!