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Re: None

Friday, 08/08/2014 12:17:07 PM

Friday, August 08, 2014 12:17:07 PM

Post# of 106844
Looks like maybe "PR fatigue" has set in? Volume is way off and even with the MM trying to open the spread up huge, it's just not budging much.

It's about a 2.5 to 2.8 cent range it looks like. All the recent PR and it really hasn't moved the needle much at all. Q2 10-Q and follow up PR about it yesterday didn't do anything really for the volume or price.

It's been flat lining a lot lately- it's been about 20 to over 30 minutes between trades today and several days where it took maybe 11 to 15 minutes on market open to even post a single trade. First trade this AM was for like $46 bucks worth.

The way it's been trading - if the MM gets it to bump up against, or especially anything above the 3 cent level, then there's been a heavy sell/dump day into that strength. Look at 3 month chart- it's a saw-tooth, whip saw of walking it up, then dumping it off on much higher vol days.

Interesting to see what happens here IMO- barring a PR about something.