Agree, the big hitters (instos?) that have been soaking up stock will imo buy up to a level they are comfortable with and support it at that price.
What would cause an overbought situation is where traders enter, and exit for a quick buck. The stock will then settle at the previously mentioned support.
It seems to me that those buying recently are not traders (generally). I would be surprised if we saw sub 3.4c again.
Those that have done their dd know this stock is worth 5-6c at an absolute minimum based on current fundamentals.
Imo Toxo are an absolute steal.
cosmos
Agree, the big hitters (instos?) that have been soaking up stock...
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