Reeds Inc. (REED)

[Slojab]

My take? If you look at the 2 year chart, the sp drifted off on the selling he mentioned. Without it, the stock would have gone to $3.50-$4.00.

The recent gains in the stock price may be a result in overshooting where it might otherwise be had it gone along at a normal pace through 2012.

Hence, you're seeing some consolidation here as it digests the buying that ran the sp to $7.

BWTHDIK? I could be all wrong. ( ;