pure speculation on my part, but from watching levII closely over the past three weeks i'm very confident and strongly believe we have larger investors(or group/hedgefund) that is loading as much as they can at the bid.......perhaps "friendly" investors that know this company will succeed.....knowing financing is NOT an issue, knowing dilution is NOT an issue, knowing the INTEGRITY of this ceo.
it's not always what you know, it's DEFINATELY "WHO" YOU KNOW.
based on my past experiences, this only occurs when a stock is going to go UP in a big way(imo) as they try to keep it from getting out of hand going up to fast......therefore we have no gaps to fill and the going UP will (imo) become much EASIER as shares become tighter and tighter. there are no REAL resistence points (imo) on the chart. in your own research, you recall that it took ONLY about 50mil shares to drop this from .5ooo to .oo6o. easy to see why so many smart investors are holding strong. both LOGICAL and LIKELY.
this stock is trading like some of the larger biotech companies i have been in in the past......
the trading and the steps up in the chart are a thing of beauty and i seriously think the MMs are for letting this run soon........
i rarely give out expectations on stock price but this really could see .o18 to .o24 by the end of next week......admittedly i would be shocked, but it's what i'm seeing on the chart...
please calm me down!lol
think i'll go take my 2mgs and get some rest and revisit the chart(s) a few more times this weekend..
The Best To You, Yours & All Who Have the Vision & Knowledge
all JM2Sense! and i'll be here...."ALL IN"
buy/hold/accumulate...an easy recommendation
klon'