Volume bounced back a little bit today, back over 20. Honestly it's a bit hard to keep up, volatility is just unreal here. From 12 to 40 to 15 to 20...at least after all of this the multi-year uptrend is intact and strong. What I would like to see though is another move into the 30s and maybe 40s, with stronger volume and especially stronger staying power. Stock deserves consolidation in the 30s, not in the teens, when even .35 is a mere 1x revenues. It would be good to see a couple large buyers or even institutions taking notice of this stock at these levels, when they're pretty much guaranteed to see a multi-X return over the next few years, given that this region is 0.5-1x revenues, and the industry average is 11x. Just need some more buying support, some more interest. But at least 0.5x appears to have held fast as a (low, damn..) bottom
Disclaimer: All of my posts represent only my personal opinion and should never be taken as facts or advice by anyone, for any reason.
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