Interesting flushSo based on my own theories of private placements, that looks to have been the flush to 1.35 that I was expecting to see back during the week of July 11 when the private placement shares hit free-trading mode. Two weeks later was unexpected and somewhat scary for a while there, but probably not totally illogical if one considers the influence of the US debt-decision vote and how it would have been worrying shareholders. Those who got in at 1.35 still had easy money but probably started to sell duing the last week to try to preserve gains as the date came closer without any concrete decisions. We still have to wait on the US, but maybe this was the flush it needed to clear out the weak hands and ultimately position for a new uptrend.
eebler