RE: Level 2 It is very thin on the bid and ask. Yesterday someone offered up 50k and it got taken out almost right away. No one is showing their bids. There has only been a handful of larger than 10k bids showing in the last 2 trading days where we have traded 2.3mm shares. That is a good sign. I'd like to see some bigger block buys by some new brokers however, not just the usual crew. (CIBC National)
Not that this stock has ever traded with any TA rules, but there is technical resistance at .375 (Fib retrace) after that .40 and not much up to .60. What we are seeing now is some profit taking as a lot of shares traded hands in the .20s (or lower).
I think the added press that GW brought us, is getting new eyes on our little soon to be high flyer, and a positive press release would go a long way right now. It would help if GW releases didn't sound so ominous, but they have motivation to do so. Any serious move in SP hurts their cause. Come on Graeme announce that first partnership for Urocidin!! You've got 30 to choose from!! GLTA
beech