Volume is really starting to kick in at this level. I hoped it would. They're not quite fighting over the sellers yet, but it has certainly stepped up a notch. I bought another 25k @ 26.5 this morning, but that was all, so the rest (including lucky you @ 25c, though I should wait a couple of months before calling you lucky Dejavous) was support. We have no reason to think support is just a few straggling bargain hunters, there are some on the register with big holdings, and this price might be their can't resist point.
Today's trading showed up some interesting things. Firstly, when 25c got dumped into it was only a few seconds before buyers turned up - They're obviously watching closely, fingers poised over the buy, lol. Also, the 3:30 time slot is turning into a bit of a match where quite a bit of stock is changing hands without much movement.
I'm a bit surprised they're not aware of a big seller on the register, and trying to pair them off rather than this unseemly race to the bottom we've been watching. If I recall correctly, isn't that how you got in Joe? Or am I wrong about that?
PGC Price at posting:
27.0¢ Sentiment: LT Buy Disclosure: Held
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