Interesting that the Block of sellers have not moved too fast down the line.. As per other stocks..
This Block starting at .10
1.35m @ .10
2.74m @ 10.5
4.79m @ 11
3.1m @ 11.5
3.048 @ 12
and so on…
If this isn’t a road block, I don’t know what it is..
But it seems the games are still on..
Have a look at the depth of most other low caps and they are not looking like this..
If there were intentions to sell, they would be sitting closer to the mark..
Most people are over the uncertainty of last week and have factored it in to their trading pattern now.. So the way I see it.. on this volume today and the last few.. There are still accumulator’s at work.. to catch those looking for a quick buck to drop their load.. This is much the same trading as the beginning of the year before the last little run up.. Now they know the figures that they can control it is easier to leave the road block there …
Nothing has changed.. Fundamentals are the same.. Might be a bit harder to day trade now in this type of market.. but mid-term to longer term is still looking better then some of the other stocks priced in this price range..
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Interesting that the Block of sellers have not moved too fast...
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