UBS Stands for "U Be Sorry"This one House has been responsible for dumping over 100,000 shares today, 60% of the total.
In a thinly traded stock this pressure not only knocks down the price, but makes others nervsmart.
Naturally the $64,000 question is "Do they know something we don't?" Draw your own conclusions, but for me I'm guessing that one guy has decided to bail out a big client who may have taken part of the PP back at $1.20. If so, he can show a $100,000 profit and still look good in the client's eyes.
For the rest of us, I believe the smart thing to do is to not panic and wait until Coimalache brings in the next couple of 500 meter monsters. Then we swill see who is smart.