Valin, I don't think it's a dead cat bounce at all as this rise is not all in a sudden. We have been building a base beautifully since Dec 13. Yes we are in a bad sector but we are not waiting to die. Our team is trying to turn us around & build value into the coy. The CBX take over is a good example.
TA wise, our monthly MACD has crossed, weekly trend has turned. RSI of weekly & daily are both in positive territory. I can say we are are now a relatively safe play for both short & mid term. If we could close higher next week, we will have a trading range break out on weekly basis which will attract more interest from the traders. Then you will see the Vol you were talking about. In addition, I think someone has been accumulating our shares patiently recently.
I only hope this coming back has some good news to back it up otherwise it won't sustain.
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Valin, I don't think it's a dead cat bounce at all as this rise...
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