Well said Hotfire, Market depth is a clear deterrant for potential buyers in this stock - of course market depth is only one of the insdicators you should follow - of course it can get easily manipulated to sway traders opinion of a stock. I usually follow techincal trading, but on this stock I'm following fundamentals - we just have to hold tight until the technical indicator stars align with the fundamentals. Discouraging at the moment but happy to hold with abated breath until it turns.
.24 was another support barrier the stock just broke through this morning on very low volume (40,000 shares) as one seller panicked, looks to be back up above the mark (again on lowish volume) - regardless strengthening the support level.
CXN Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
