month end clean upFriday is the last day of the month which means yesterday should have seen the bulk of month end sell outs in any stock (including DEC). Of course there will be a few stragglers around but for the most part the blowouts/washouts are over and done with.
If you notice the volume in DEC has totally dried up which means those that wanted to or needed to sell are done. I would think that once people start realizing this a few buyers will come to the table and take out a few offers. Once the people are are still trying to buy cheapies realize this they will cancel their 'fake' offers and we will most likely see a move back into the mid 70's.
This will set up a good scenario for news to have a positive effect on the stock. Whether the news comes on Friday or it comes early next week we should a decent pop higher.
GLTA