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14.5c but lets not get too carried away at this point of time....

  1. 6,197 Posts.
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    14.5c but lets not get too carried away at this point of time. Fact is the market at this time of year in the Xmas- NY period is very illiquid so does not take much volume to move any stock price. What I am particularly liking though this past few weeks is we dont see the big wall of sellers at every pip. Unlike when the share price was sub 10c. What this tells me is that stale sell orders have been essentially taken out, and remaining (current) shareholders are much more aware of the potential so are reluctant to feed volume into the sell side. Its an important milestone in terms of getting strong price reaction to good news when it eventually comes.
 
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