RE:RE:RE:ChartIt has looked like that for most of the past few months.
There are lots of bids, and a few asks, but the endless iceberg selling is going to be done at some point. I'm still a buyer and it is easy to get at these prices. I expect this will take off at some point- all of the big money makers I have had in these markets made me doubt my convictions until the day before I was celebrating. I can see $1.50-2.00 as a re-rate. JJ was implying about $2.40 in his presentation yesterday.
Don't be surprised to see a run on the sp either, a double bottom in the low 70s is not beyond possibliity and will shake out the weak hands. The marker makers can walk it down with impunity.