RE:RE:Oufff!.. WEED Depth L2 indicates no buyers up to 0.60¢monte8 wrote: The buying has been in a narrow band; 2-million at .70 to .72.
Perhaps the $7-sh will be the consolidated share price. I think this is what the market is saying.
Nothing about the 0.50¢ some are talking about. I think some are wishful thinking???
Would concur, price movement and volume seems to point to this range being bottom on the day. Over the last couple of months I have been noticing that Fridays and Mondays tend to be the stronger days of the week with closing on each day being on par, or higher, than previous days close.
If I get a chance later today I can run that through a spreadsheet to confirm what i believe to be true but based on historical observations I'm pretty sure we should see a green finish on the day (over yesterday's close).
Yahoo has the historcial pricing in table format so anyone handy with spreadsheets can import the data from there and run the theory themselves if they care to.
Best Regards
Q