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Monday, August 09, 2010 11:55:03 PM
I do not see any financials since inception last year. Did they gag the T/A?
The chart shows oversold and the RSI dipping low. As of now I would play it as a chart play only until Financials or some solid info is put forward.
I do not believe in my opinion that a R/S is in play. With a float of only 8 million this would be ludicrous at best.
If trades are right, this traded the float ten times over yesterday. I seems that someone is diluting into the market place out of the 500M. This can be good. It will allow for market corrections and a possible bottom play for others to get in on.
I have this on watch and will get a starter position tommorrow.
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