Dead Money until substantial REAL Sales Numbers released
There might be a small rally back up to the .0036 area at best. In anticipation of the shareholders meeting, or just afterwords.
But the shareholder meeting has NO audited Numbers to release yet. So the most ATWT can do is repeat the same information they have already released in the most recent PRs. They will do the usual "dog and pony show" that all companies do. In an attempt to reassure existing shareholders that their business plan is moving forward. But will it be enough for the Market?
If there is anything negative at all, any delays, or the hint of potential problems, especially when questions are asked, ATWT could Gap Down instantly the next trading day.
It will be a number of weeks until the Audit is finished and released. In the meantime there is nothing to move this stock up. Since the Chart still shows an undeniable Downtrend, it will keep falling to minor support again at .0024, or the next level Down.
The Market will wait for the REAL NUMBERS, and the numbers better be damn good!