RE:RE:RE:RE:RE:RE:Total volume all markets is 3.5 million 1.4 mil not on tsxjacobite wrote:
This is not a good sign and I lay much of the blame at the feet of PL who has become reliable at over-promising and under-delivering on things outside of his control. Science and cash flow are both important investment considerations but management is the most important. I'm long 5 years, but I hate to say I'm giving this to mid-September. No deal by then, I'll look for 40c on my six figure investment and throw in the towel.
This week's chart candle was an inverted hammer which is bullish. In fact, share price was dropped on almost no volume and we are going into a new month, so I'd give it at least a month to see how the trading goes in Sept and Oct minimum. If in fact, there's a lot of naked short positions, this could move upward very quickly especially when it moves into the gap between $1 and 1.25.