X64 0.00% 57.0¢ ten sixty four limited

MML possible target 40 cents, page-41

  1. 9,154 Posts.
    lightbulb Created with Sketch. 8580
    Hoots,

    I still have 2 friendsof mine in this. I couldn't convince either of them to bail once the quarterly was out that proved all their numbers were fantasyland stuff. Usual argument, this had already fallen too far! That was in the $1.50 rangeafter I bailed in the $1.60's (bought at $1.74).

    I know the weekly chart clearly shows $.40 as the support, but closer inspection shows $.60 to be the 'real' support area. I have zero volume on the day recorded as the 41c low, the next lowest day of 48c only 5,000 went through. The area of actual volume (decent in the hundreds of thousands) near the low was around the 60c mark, but there is some volume/argument for 55-56c of around 150kb traded.
    In other words the 41c print might be a data error. The date being 21/11/2008
    Last edited by ozblue: 22/09/14
 
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