RE: Where is everyone??? Is this Calm before storm???????????????
Well, it all depends. Has the recent price drop and volume priced in correctly what would most likely be a disappointing financials, or, has it overshot on the downside? If the SP stabilizes around a $1, then I would bet that the recent drop has overshot on the downside. The high volume on the downside could mean that some institutional and/or mutual funds sold their position as the price was in real danger of entering into penny stock territory. We could see a modest recovery in the SP when the financials are release. It may be not good, but perhaps it's not as bad as the trading activity would suggest. We'll shall see in a couple of days.