the lined up buyers that were there since the RADI at 26, 25.5,...

the lined up buyers that were there since the RADI at 26, 25.5, and below (like 24) with like 200,000 at some levels were sold into over last few days. once the slow momentum got going it was a bit like a game of musical chairs who would blink first and sell into these lines. in my humble opinion selling into and attempting to buy back lower. - and what do we have today .... the buyers stacked up at 19,19.5 and 20c. at 200,000+ but these orders were not there before. new buyers or Monday sellers ?

theres no guarantee this strategy will even work but good luck to them! (I guess) if it gets down there.

id be reluctant to do this, todays volume 70k. theres simply no volume until 25c . to buy back in. some people counting on two things

1) no new buyers stepping in/up
2) others playing 'follow the leader' and/or the previous downward sell off trend resuming back to 20c or lower.

reality is we need this to hold 25 and not capitulate right back to pre RADI prices else we wont be attracting any (new) eyeballs for some time. we have had absolutely god awful technicals for the last 12months which can go one step towards redemption if we can hold 25.

im seeing it as a positive that we have new orders at 19,19.5 and 20 rather than selling and no replacement buying.