Pretivm Resources Inc. (PVG)

[123tom]

pretty amazing the volatility.

Looks like today , from the open, they tipped their intention to take it lower. I think the target is 7 dollars now. (6.75-7.00). The last 2 days, Thursday and Friday, there was a chance to see a bottom hold at 7.40 and make a rally bounce. It was shaping up on the 5 minute chart, the bounce to 7.80, but if you examine the 5 minute chart, can see strong pullbacks, that stifled the bounce. still it tried to bounce again,friday, and was ready to continue today if there would be any follow thru, .... but instead we saw a slam down at the open, and then again the second effort mid morning, and then at 12:35 somebody dumped 900K shares at 7.50. right about the time you bought yours? I'm thinking of adding some here but what I'm looking at today makes me think they just shattered any bounce developing, and they want to take it to 7 target. I think I'll wait for it.Somebody intends to take this down to the 7 target.

900K shares dumped at 12:35

Oops,I misspoke...not 900K shares dumped....1.1 million dumped at 12:35 dumped at 7.57/7.50 area. set the stage for bleding down to 7.35.
now it tries to bounce back into the 7.50 kill zone.
1.1 mil shares at 12:35