Its somewhat unfair to quote the recent high to decide on the trend. The high was due to severe ramping and the decline due to said ramper selling into the buyers while harping on about the stock going to $1. In saying that if you use the 10c range which the stock traded around for a reasonable period to base your opinion on trend then yep correct its been a sell down or down trend. So is it value here for those who believe in fundamentals? Only the drill bit can answer that question. What is painfully clear though and undisputable fact is selling on the recent high was the right move. Your money now buy's triple the shares.
Crystal balls, hindsight and all that...............
Shame on the ramper who obviously chewed up the newbies like a wolf around lambs.
MTM Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held
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