The SP is going from the sublime to the ridiculous. It roars up...

The SP is going from the sublime to the ridiculous. It roars up on NO news, low volume only to drop like a rock again on NO news, low volume. Not satisfied with that it again roars up on NO news but slightly higher volume then starts to collapse again on NO news and very low volume.

I may be cynical but to me it stinks of manipulation tho I would have expected higher volume on the down run if that was the case.

Unless there is a pending announcement by the company regarding expansion or a takeover offer then @ $2.50 I consider it fully priced. I don't think its P/E warrants a higher price.

The possibility of a T/O makes it very tempting to stay in but I don't see enough buying volume to indicate a predator is buying.

At the moment I'll hold but if it runs again on no news then I think I'll sell.

cheers