RE:this is getting interesting again.gibbonsj wrote:
nice day for bottom feeding. Maybe $1.35?
I think patience will be key here. Stock is not making an effort to make it to the 20dma, it makes a half baked attempt and fails. It looks like algos are running false starts to distribute shares off the lows at slightly higher prices. Volume indicates big block sellers still looking to get out. With tax loss selling in the coming weeks, if a new 52 week low is hit it is almost always followed by more. You have to wonder if these big block sellers pay for prescription data retail is not privy to and are trying to get out before results.