RSI dang
Its 23.2 at .26 cents talk about being handed its head. not many stocks go that low unless there is something fundamentally wrong with them. some i suppose but not many. The MM"s are just playing games, seeing where the buyers say enough is enough and back it up with their money.
It certainly is not my view that there is something fundamentally wrong here, other then the weakness in some buyers not ante ing up at these prices. it certainly is not those warrants that went along in the last PP as those ended up being 98% of them bought (accelerated) and bought.
so its not that its just market weakness because of NO NEWS and just no real strong support yet.
News will attract buyers and so will an upturn in the gold prices. It also should be the time of year that gold and stocks do better for seasonality. should be but it has not arrived yet, its late this year.