The slow and steady decline back to $1.8...The slow and steady decline back to $1.8 likely starts today.
Just like we saw with the pump following the SMM press release, the enthusiasm after the Worely press release could not be sustained. Following the SMM PR, the stock had a slow and steady decline from ~$3.3 down to $1.5.
This time, we only got a relatively minor pump ($1.8 to $2.12). And now that the excitment is over, the interest is again waning.
Since it will be many months before the next significant Nano press release (~3 to 4 months in all likelyhood), it is almost a given that we will re-test $1.80.
Still time to sell share above $2 for anyone looking for dry powder. Great days ahead to buy more Nano stock (for those with cash available).
good luck to all the longs.