RE: What's ahead?Well done and said RT. A lot of accumulation in 1.50's, very interesting. Who knows why we are down here but someone obviously does and the MM's are making big trades in this range. Once the required shares are accumulated or the selling stops we will move up very quickly IMO. My speculation is that someone with a substantial holding had to liquidate and we are seeing the results. These MM's have no mercy. They will buy your shares but not at what you paid for them. They will drop the SP like a lead fart ( as we are witnessing) buy up the shares and move the price up to where it should belong. The question is, have all the shares been sold? The trading pattern over the last few days tells me no, not yet. If we break back above 1.65 IMO, the selling has stopped and a reversal is in place. I'm even tempted to pick up some more at these levels.
Cheers
Chester