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Re: None

Wednesday, 07/09/2014 6:36:42 PM

Wednesday, July 09, 2014 6:36:42 PM

Post# of 57542
As frustrating as this is, I think that the main reason for our low PPS is overall manipulation by either MMs or retail traders. The reason I say this is because there are other companies in the sector with far higher PPSs and less to show for. I think we have seen the bulk of the selling. I don't think we'll see new all time highs any time soon but this thing should easily be in the low-mid teens. If we can get through those walls in the .08-.09 range then we shouldn't see too much resistance until .11ish (in my opinion). I also think the day traders/flippers could have been taking profits after a 2/3 week swing trade from when shares in the .07-.08 range sold. Keep an eye for some reversion towards the higher price levels - mainly because yesterday and today's downtrend seemed rather synthetic. EDXC