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Monday, May 05, 2014 10:44:16 AM
Looks like "PR fatigue" IMO, and probably a "big boy" unloading again, beginning of week. Then, maybe a little "ratchet" back up a bit, unload again, wash, rinse, repeat throughout the week, IMO. Seen the pattern on this one, soooo many times.
"Only" down now from the .08 peak, about .08 - .023 = .057/.08 = .71 X 100 = 71%. That's down 71%, in about a 1 month time period. That's despite the "PR" barrage campaign and all the other "stuff", IMO.
Lower highs and lower lows now IMO. The down trend is solid, and don't see any support or "bottom" in site till at least the 200 DMA, of about .019 that I can see.
Good luck and happy trading.
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