Well, it may not be but betting on dead cat bounces is risky...

Well, it may not be but betting on dead cat bounces is risky stuff.

Also, it seems likely there is a far buy of jiggery pockery. Eg, there were no orders to buy at .265, then 1 and suddenly 4, three of which were for 16, 78 and 43 shares - ie a negligible number but gives the appearance of stronger buyer support. Then a block of 300,000 immediately moved from 26 to 26.5 - it seems to have managed to stay at least 1 buyer away and .5 lower than necessary to buy. In short, I think the apparent support is fictional.

I have sold at a loss and may buy back when this becomes less volatile.