I don't think this is the bottom unless we see results this week which should at least help support the price. The same pattern we're seeing now happened when we were in the .7 - .8 range. It started with a few small parcels and crosstrades at .7, and following a dump or two nobody would touch .8 - eventually .7 no longer had the depth and we moved into the .6 - .7 range. Keep in mind at one point there were 40+mil shares in the .7 buy queue.
We're seeing the same happen to .6 and .7 now, shortly (if we're not already there) nobody will be willing to buy at .7. Not too far from now nobody will be willing to buy at .6 and we'll be looking at .5 as the norm.
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I don't think this is the bottom unless we see results this week...
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