Oncologix Tech Inc (OCLG)

[SPM555]

I hear ya, but I think that's an incredibly bullish sign. The market is dipping it's toe in the water and seeing if it's too cold, ei if there are sellers waiting to knock this right back down to the trips. There are no sellers and the market (ie Market Makers) will need to walk this up to find where the liquidity is stored at. IMO this is the sort of action we see when the pps doesn't belong at the current levels, and it either belongs much higher or lower in order to attract volume. I don't believe the volume is down from here, there are no real sellers left. The market will have to adjust significantly to the upside to lure out sellers, and that's what we're waiting for. I expect this to go sideways on light volume until the bulls step in and take it to the next level. IMO there are dip buyers waiting for someone to hit the bid and bail, but those will be few and far between. The people I know who have been accumulating, including myself, or not interested in selling at these prices and certainly not lower than here.