Technicallythis looks like it's going to close the gap at $1.42, and possibly overshoot down to $1.20, where a new base will probably form. Sucks for me since I backed up the truck in the mid $1.60's not thinking we would get this low with so many positive developments. Not trying to scare anyone, just being realistic and thinking we longs should be prepared for it. The shorts were really working hard based on the charts, and I'm sure the short data will prove out an increase in short position. At least we will unwind the overbought indicators.
Anyway being down a few dimes won't matter when the end-game value is in the multi-dollars. This situation is just as it was this past decade: with SVA's share price not getting it's proper due. Except instead of $0.10-$0.30, its like $1.20-$1.70sh.
GLTA.
J$