I'm liking the pause for breath today. It'll give punters a chance to digest yesterday's thumping volume and more importantly, where the main buying was.
The majority of the really heavy lifting from what I can see, was around the 3.6-3.8 mark. This includes that whopping bid of 3,000,000 that hungrily moved up from 3.5 to 3.6 later in the day. I think most here thought his order was just 'window dressing' but as it turned out, he was the real deal and did have $108,000 he wanted to throw at this. Hardly chump change.
Chart is superb. Volumes are enormous. Average entry is at higher prices. Near term catalysts. And rights 'overhang' all but gone.
Bring on the 5c gap.
* DYOR. Post is my opinion only.
ANA Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
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