Thanks writer. Often you have a decline after a crazy rise like yesterday's, but today's close is half a cent higher again - which continues to augurs well.
Yesterday's volume was the second-highest ever, and today's was 2m+. Average volume is so low I can hardly discern it on my ProfitSource charting software - looks like between zero and 100,000 (on rare occasions): but most often closer to zero. So to go from that to 5 million...clearly something is afoot.
Apart from anything, it means the brokerage and investment houses have woken up.
On the charting front, I'd note that now it's pierced 10c on two consecutive days, there's no further resistance of any significance till 20c - nearly double the present levels. Only blue sky.
Thus I personally think they're still cheap - especially in light of of SC Gay's superb revaluation (congrats again to him), The Speculator's write-up and confirmation of same, and the recent and probably imminent positive announcements.
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- that was a breakaway gap today
Thanks writer. Often you have a decline after a crazy rise like...
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