RE:RE:Run upThis gave up 50% retracement on the total move, and only traded about 1/2 the volume. That is good in my books. This is a keeper and adder on dips for me. .20 to .24 was the holding pattern yesterday late morning. We got most of that today. Good one to have stink bids in with all these nervous nellies on here.
Also a great one to have 100 and 200% sell pockets for a few shares above the daily close.
That is how the .10 cent holders raked in profits yesterday and today. This one should be running near the year high and I suspect it will very soon. The big boys have money to shake the tree so the little guys that want to day flip will move on. They are pretty good at that.
Takes time to make a good wine as long as you have the goods. This has the goods. NCI did much the same thing on the retracement and because it has the goods, moved back into the sweet spot today.
PS: Watch for the Sept-Jan 2010 and Jan-April 2012 moves to begin again.