Volume picked up today, highest for a while, good buying support below $2.40, so the fall _should_ slow from here.
But equally, there is big volume selling, you see them knocking the sp down a couple of times on high volume, its what the shorters where doing (imo) months back before we went on the roller-coaster. Short have started climbing again in the last week, but im not sure thats the cause yet, we have to wait for the delay to see.
Last time we where in this situation it was some insto's that came in and took a significant position that triggered the rise, but it remains to be seen if sellers will keep trying to push it down like last time to provide such volume.
I dont see any current news to be driving this fall, can only suspect someone likes gambling with other peoples money.
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Volume picked up today, highest for a while, good buying support...
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