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Re: steeledge post# 3205

Friday, 05/16/2014 1:01:25 PM

Friday, May 16, 2014 1:01:25 PM

Post# of 8287
I'm at work so I wasn't t able to checkout the call but I will do so tonight. This thing is less than 10% of what it was worth within the last 52 weeks, it's been beaten and beaten again so agree completely that the recent volume spikes are accumulation and the sp bottoming out and ownership of shares switching hands in a big way. Smart money buys low and sells high so IMO what were experiencing right now is the process of washing out weak hands and getting some new blood involved that are going to try and take this thing back to recent 52 week highs or some percentage of a retracement of those levels.