The technology is great the product is great, the potential immense.
But the relentless insider sell off started 10 days before we mere mortals got the news.
Most of the down trend in SP was pre-emptive to the news and triggering stop loss that was not getting snapped back up, indicating sellers knew not to buy up the stop loss sells and to keep selling hard.
A normal reasonable pull back would have not gone so far so fast IMO, maybe 30% for a pull back.
We are now well below CR issue price, this is very telling re ferocity of the sell down.
Regards Mark H
NOR Price at posting:
5.7¢ Sentiment: Hold Disclosure: Not Held
