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Re: CashMoneyCarl post# 36485

Thursday, 02/26/2015 4:15:01 PM

Thursday, February 26, 2015 4:15:01 PM

Post# of 63558
Here's the interesting thing, volume today was huge compared to yesterday, yet there seems to be a plethora of people who can't even trade it still without calling their broker which clearly is restricting the volume to some degree. Given that, I'd guess most of the volume today and yesterday is bigger ticket, smarter money getting in, while some early money is quietly exiting. Comparing the volume to the Q2 last year this is still pretty pale. We had 10X the volume when that run occurred, and solid 5X over today's volume on the last big run to .31.

If we haven't even seen the MDE close yet, and we assume this RS is a precursor to uplisting to NASDAQ in the near term future, I'm guessing we still see forward momentum on this push into next week. If we figure this last couple days has been handicapped and the retail volume will pick up as the shares get delivered to brokers, then we see some major news in conjunction with the MDE close, my guess is this level, right here, used to be the ceiling and is now going to become the floor. I think we push well past this mark in the coming days based on real news and then we settle back here in the weeks following the new all time highs.

Where will that all time high pegs itself? Not sure, but if we look at prior trends, where we settled back to 50% of the peak, if this is the new floor then 2x where we are now. $13-18 peak? That's my dart.
smile

Long SLTD