RE:this gig is droping faster than i thought it wouldMay have to hand it to gibbons (RE: this stock being range bound in the $1.40-$1.60 area for the next while).
Giving it 'til next Tuesday's close before drawing that conclusion, but today's tape was pretty ugly. That first 200k block sale may have been a clue..
Really expected more buyers to step in after all the clamouring for the bought deal and the subsequent press releases (quarterly results, CC, interviews) but, again, maybe that's what the huge volume at the $1.40 level was.
Time will tell. May be worth day-trading a "side" position to DCA down/capitalize on the volatility.
Cheers.