IMHO The fundamentals, abundance of shares on offer and the positive sentiment around this stock has allowed big Shortermers/ Day traders to come in and buy at around the 1.6-1.8 and try and sell for anything higher (knowing it will climb). 2.2 has been the wall put up and the sp has tried to breach it 3-4 times in the past 3 months or so. IMO if you are a short termer/ DTer, you will be hard pressed to earn a lot of money out of this stock in the very short term as there are obviously big players lurking about for the quick 5-20 % rise.
My advice (not that i'm really qualified to give advice lol) is to hold on, not look at the sp that often, and just let the fundamentals do the talking (look at VOM's post). IMO there is enough potential here to warrant the time it may take for this to get going.
Cheers GLTA
IMHO The fundamentals, abundance of shares on offer and the...
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