When it jumped back in March...Namaste went from 0.17 to 0.24 on the first day and then opened at 0.32 the following day.
Today, N went from 0.19 to 0.25 (a similar gain to the first day back in March, in advance of news being released), so it will be interesting to see what happens tomorrow. 2 million shares traded today doesn't excite me much though - I would be much happier with the 16 million shares that traded on the second day of the jump back in March.
First of all, let's hope today's gains are actually because of pending news, and that Namaste gets it out before the open tomorrow. Secondly, let's hope there is strong buying and a gap up at the open tomorrow, to continue this momentum. N rose to 0.275 this afternoon, before settling back and closing at 0.25, up 31.5% for the day.
BB