Mitsubishi, page-35

I bought today around $1.63 and I really thought we would be back at $1.69 but it doesn't look that way for today.
I think it's only natural that price will struggle for a while until the big line of stock is digested by the market. According to my share count that line was more 10% of the company so by Mitsubishi selling it has effectively filled a lot of the demand for the stock so it may take time for more demand to show up again.

It's hard to understand why any one would buy at $1.69 only to dump it for a loss on the same day. But it does happen as prop traders and hedge funds may have bought in the hope of a quick turn but when it didn't look like I was going to go up they just aborted. From there it just feeds on itself and selling begets more selling.

Anyway, I'm holding as I think it will recover, just needs time.

Just my opinion and I could be wrong, so do your own research and good luck.