InvestorsHub Logo
Followers 48
Posts 2221
Boards Moderated 1
Alias Born 01/28/2013

Re: coolerheadsprevail post# 22382

Tuesday, 03/17/2015 11:29:47 PM

Tuesday, March 17, 2015 11:29:47 PM

Post# of 24848

FWIW, today's VWAP was approx .1125, which represent the SMALLEST daily decline since the sp began falling on 3/3. May be a red herring OR it may be a positive indicator that the bottom is either at-hand or very near...


And the VWAP for today, TUE, 3/17, was approx .1100, so although another decline, the amount of the decline is again much smaller. Seems like it is trying very hard to bottom-out. At this daily rate of decline in the VWAP, it would seem that a few more days of slow bleeds may be all that it needs before it is ready to stabilize -- and so if this is the case, then hopefully it will bottom out around .10 and we won't see sub-.10 prices... ...but who the heck knows...