Yeah pretty much what I figured. Some type of news release may at least stop the bleeding but I suspect there wont be all that much buying for a bit. The volume is basically showing that there is limited interest on either side. If there was a huge seller this thing would be below $2 right now. I see no reason for it to trade below 2.50 but that is more of a hope than anything else.
I would love to buy more but I have stock (although not a lot)from every level from 3.65 on down. I am done buying this until it gets over $4.
Been an interesting couple of weeks in the market as a whole, I suspect this volatility to last for another month or two. Market has been very resilient, this quarters corporate earnings are going to be a real tell. It is supposed to be a back loaded year, if we can maintain these levels through this earnings season, and nothing unexpected happens on the world front, it should be a decent year.
Anyway, have a good day.
