The sad thing is...i just posted it a few days ago: This stock was strategically sold down..and that there will be one green huge volume day which will bring all those bashers (who were collecting shares all the way down) in the money in one day.
Today EVERY buyer who bought since mid-january (accumulating tons of shares) is in the money...and in a few days/weeks everybody who accumulated shares since the highs from january 4th will be in the money. Most of them are no newbies, they are pro's...
and i am veeeeery sure that there will be so many SH users coming home today...watching at the share price and start crying, because they thought that they will have the chance to buy the shares back. This kind of tree shaking was a great basis for longs (ok, it wasn't nice to see, but the technical report was there so you have something to lean on).
And the nicer thing is: All those shareholder who sold millions of shares since january are NOW on the sidelines and of course searching for an entry point.
Warrants are being sold in the market right now, this is the only thing witch is holding the sp down at the moment ( you are smiling and thinking: +76% and SI talks about something is holding the share price down?).
Yes, just wait a few days until the warrants are sold into the market...the asks will be so thin that a volume of one million shares a daysd will give us big moves.
(without those warrant sellers today we would be trading at 1,50 right now)