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
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Today's activity suggests stand back as the could get...
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