Wednesday, February 24, 2010 1:45:45 PM
after the huge pop on news,
we consolidated for days below .01, and the available public float was fully accumulated there.
after that it moved up quickly between the 01-025 range, and everyone who was willing to sell their position from below 01 did so, between 01 and 025.
now we are consolidating above .01, probably with a few not so happy investors who bought in the 02 range, who might seek an exit when we retest that level... so there might be a bit of resistance at 025 next time it moves, but probably not much resistance after that...
all just my guesses and speculation, but that is what the chart and volume patterns look like to me for now..
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