I am seeing sellers starting to cluster at 0.50 - just under the...

I am seeing sellers starting to cluster at 0.50 - just under the price, seems they want out but are not falling over themselves to do it.

The worry (and perhaps the blessing) is yesterdays VWAP was at .385 if I recall - which means a lot of yesterdays rise above .40 was on thinner volumes. But also means most people got in below .40 so they are not sitting on an immediate loss.

It is the guys who got in above .50 who would be feeling worried this morning.