I was not aware that I was charged with a duty to say what I thought.
The chart is for anyone with an interest in a recent chart.
But if you are asking and not requiring my opinion, I would suggest that I think that that recent volume increases suggest that there are investors/gamblers that are still willing to take a position (or increase their position).
I happen to believe that tax loss selling is still a factor (but I will GUARANTEE it will not be a factor on January 2).
There is no getting around the fact that the company needs to have some positive company news to draw attention to the stock. But there is still a long road to hoe. Getting current on their filings. News on revenue. Management change.
ETC.
But for a gambler, I would take an initial position if I could get a fill at the bid. (I do not have a position now.)
GLTU
And Merry Christmas.
Successful Trading is the art of minimizing long term risk and maximizing capital allocation.
