I believe it is in the big bank market makers court now as no other institution has stepped up to grab those big blocks or even a good sized chunk of the two - 1 million share bites from the 16th. Actually it will be a bit surprising if you achieve the 8.25 on small lot (private investor) buys. 2+ million share buy should be worth SOMEthing.
It is very logical that it trades sideways here.
I remain confident that when the demand comes up a bit and the supply is reduced by whatever means including days of average volume slowly taking it into private hands down at the bargain it is, or other institutions waking up to the undervalue, we get back to $11 and higher. Meanwhile we speculate on earnings/payout. Logic also says it was oversold down to a bargain as of the market close + 2 minutes, 9/16/2016. Breaking above the new resistance where it sold off will require good news, imo.
GLTA!
"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-
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