current slump could do with the fact that what has kept it up recently is the promise of an impending Fab or IDM signing… late last year, Coby was still hinting one or two could be signed before the end of the calendar year.
but in Coby’s latest interview he said it won’t be today or tomorrow… but they are hoping it will be in the next few months.
that’s a let down, and if history is any guide .. a few months in Coby speak could mean end of this year or this time next year… but the market now knows, it’s not imminent.. and so we now are in free fall.
I expect two key levels of support .. $2 and $1.80. If they fail, then we are in no man’s land, and all bets are off.
current slump could do with the fact that what has kept it up...
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