The problem you might have is those that got spooked today but did not sell, may well be sellers on Tuesday. Hoping for the price to recover a bit and then get out. If the pressure is on and the price does not recover they may get more spooked and sell anyway applying further downwards pressure. If the share price "mildly" recovers those that bought below $4.00 will take their profits adding "new" pressure even if those spooked from today do not weaken to sell on Tuesday. So all in all, it may not be a very good week greeting us. Interestingly, I see Polo just released their change in holding which shows some significant purchases at strong prices this past week. This is comforting news and indeed could bring relief IF they continue to mop up the slack next week. All fun stuff but made me lose a few heart-beats and grow some "greys" today!
EXT Price at posting:
$3.92 Sentiment: None Disclosure: Held
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