Not sure about that, but it was pretty clear imo when this stock was really being talked up in the 30s that a distribution phase was occurring with traders imo who got in around 5c or so just a few months earlier selling and locking in their massive profits.
The stock hit 39c on 7th. November!
Smart traders/investors would have seen how shortly after that there were any number of clues that the odds favoured a significant correction.
Such as a negative MACD divergence, RSI turning decidedly bearish etc. etc.
you will be able to get some more at 15 cents, page-8
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