RE:RE:RE:RE:RE:RE:RE:RE:US tradingI don't think it's that weird. Yesterday's action was completely irrational, and I'm actually going to guess that a Canadian thought he was bidding in Canadian funds and didn't know he was buying in US funds. That was probably a mistake is my guess.
Here's the current Level 2:
There's some decent support around $0.90/0.91, but below that it's not looking too great. Still, the volume purchased over $0.90 today is interesting.
I still think we're going back to the $0.80s and in January it seems inevitable we will be back in the $0.70s. There's no ammo for another siginificant acquisition, but I wouldn't bet against a material announcement on a partnership / big order, so it's a gamble for sure.
I sold some at $1.28, $1.01, and $.99 and rebought at $.80 and $.82. I also sold some at $0.90 so that isn't looking so good right now. I may have made the wrong bet on that one. Time will tell. I still have over 100k in shares so I'm not sweating it too much.
~dileas
jermoguy wrote:
Weird...so far after 30 minutes, not getting even close to the rally as GDNP US did yesterday. Haven't been able to find out what the catalyst was yesterday nor why the Canadian parent stock is not performing even close to the US counterpart.