RE:Trending down I do not understand the logic that the price narrowing the gap up must mean bad news with the preliminary results. Paul has dropped plenty of hints that the year is panning out much in the way the past has.
I believe this is straight up trading - taking some gains. just 12 days ago (7 trading days) the price closed at $0.70 and was as low as $0.69.
At $0.86 that is still a 24.6% gain from $0.69. I consider that quite impressive. I sure wish I had the stones to have sold some above $0.95 when I had the chance, and buy some back now - but then again I'm not in this to flip for a few hundred bucks here and there.
I think this might dip again to $0.82 I'm no technical analyst, but if it does dip down to there I don't think it will be for long.
ACarrothers wrote: Again.. a sign of bad news to come with the Q3 prelim results?