Today's activity suggests stand back as the could get cheaper! The seller chased this down today and looked concerned that they may have got caught shifting from 9 to 8.5 then taking the new buyer at 8.1. Understand small trade, but suggested this is thinly traded so not a stock like RXL which offers you liquidity to exit. Selling depth and spread is concern, with thin buyers. May see a few queue up on buy side if gets closer to 5. This includes me. BLIMPSO
WTR Price at posting:
8.1¢ Sentiment: Hold Disclosure: Held