Hello, Southern Arc?I agree that the TA charts indicate that all is "normal" here i.e. one more small dip ("consolidation") may or may not transpire before SA takes off big time, but I'm unhappy about the blatant manipulation of the opening/closing share price the last 2 sessions. The charts do not explain why SA opened at 1.71 and closed at 1.72 yesterday despite strong buying pressure from opening til close, then incomprehesibly opened and closed at 1.60 when buying pressure was even stronger today at the open and the close. At around 12:30 Pacific time there were huge bids in the 1.56-1.62 range (over 100,000) and only about 20,000 asks all the way to 1.75 or so. All the wind was carefully and deliberately taken out of our sail and the late market downturn took care of the rest end of day.
It's already been noted that someone was keeping the SP down, not too big a deal- my concern is that if we allow this to continue one more day the bullish uptrend that we anticipate will be crippled. Now THAT would be a big deal.
JP should call his buddies and tell them to lay off already! (If it's institutional manipulation, SA management must know who it is, methinks). Let this stock trade on its merits please!