Look, people will say whatever they want here. "it's the Germans" its traders dumping, its manipulation, its pos stock, the company don't care, blah blah blah... it's all the same.
The stock trades.
Bottom line is that every subbie has that potential catalyst in reserve. Here, news can realistically be expected. What they do with it is another story.
The company didn't reinstate for nothing, and then post about their new direction for nothing. Regardless if current pps(as in today, and this week), or current SOS status, the odds are in favor of a major run in the short term.
Traders buy at bottoms and sell at resistance. If there is enough strength, it continues. The company has to step up. When it does, those who are crying like babies right now and throwing temper tantrums because the stock didn't p0p in a few trading sessions can just watch from the sidelines, OR buy high and sell low again.
So, yeah... there is a good chance it will get past 5 and test 6 resistance again.
Just my opinion. GLTA
Disclaimer: Everything I post could quite possibly be completely incorrect, absurd and/or offensive. Read and absorb my insanity at your own risk.
