Not sure I agree with all that you say there anferni. I agree .28 is resistance but I think the momentum and large bulk buyers coming in over the past few days will take this past the .28 cent mark before it gets down to .22 cents.
If you're right about the figures for fy09, I assume they will be out in the next 3-4 weeks? In which case will it get down to .22? I also so first line of support around the .25 mark, second support at .22. You may get lucky with .25 from a small retrace IMO but unless the DOW has another crash my thoughts are we wont get down to .22
Having said that, the end of financial year can do funny things with stocks, i.e. people tend to sell their holdings to balance the sheets and stuff.
Cheers,
Cheers,
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