Upswing For now is the time to buy again, I think Cannacord is running out of the shares that have been keeping AAT in the basement. After Oct's low of .015, almost all the shares pre-low (since somewhere around April last year ) until Nov ( where the sp first started recovering) have been from House 33. Since then, people have been shell shocked as they (Cannaccord) kept dumping more and more shares anytime the sp started to rise - keeping even the strong supporters in check. The big buy day yesterday seems to have been a few people that had been waiting in line behind Cannacord that had likely been looking to sell shares for quite a while but couldn't get a sale in because of the consistent wall.
Today, although there was minimal trading, we can now safely see that our friends can no longer maintain their wall, that the wait for higher stock prices are at hand (finally). The movement is already trending upward (.035 mid Dec - .055 mid Jan). A look at Level 2 will show you that there is very little keeping this stock from obtaining it's pre-consolidation prices of .27 and even well beyond....
One might say that moving from .035 to .055 doesn't seem like much.... I think I'm pretty happy when I see a company stock/market value grow 63 % in one month. If the trend continued for the rest of the year the growth would be............ Well let's just say a nice vacation would be in our futures. I would even be more than happy to see the increase continue at 2 cents/month.....
Just saying GLTALongs !!
WG113