Key indication of consolidation will be how this closes. Mid day bid hit's is expected today.
I'd like to see this close over .013 for strong possibility to move more tomorrow.
Note holders will need to see much bigger bids to start clearing out their holdings. They'll make much more w/ each tick up. With lot's of shares to sell, it'll take days/weeks to sell without crushing this. If they're smart, that's how they'll do it. If they're really smart they'll keep in mind the potential of .03-.05 w/ the revenues they already have.
I think any downward trades today was all retail. Think about it, it's only been about 6 hours since the break of a cent. This run can last for 10-15 hours before it really consolidates.
We'll see, in time, of course.
GL
Erik
