Volume is decreasing today in this 31-32 range. This will make it more difficult for the 100s of millions sold short to cover.
Chart looks good. Someone posted nearly 400M shares are owned above 3 cents. Another 400M are allocated to the deal in restricted stock.
Unsure how much is out there to issue...but available shares seem to be drying up at this level.
Should see a break to the upside and a push to 4's soon. Almost got there the other day.
20 day moving average is .0328 and break on volume. That happens could see fireworks!
Very key area to watch.
Seems like the company is doing all the right things. Making acquisitions. Raising funds. Putting out PRs. Following them up with their 8ks. Communicating very well with investors.
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