I am on the sidelines now. But here's what I have observed:
1. APS has put buying pressure every time the stock dropped below 0.30. If they weren't backing this up anymore, the PPS would have been far far below by now.
2. The hard mailers hitting (I missed it, would have jumped in for sure on Friday) has done well for the stock. And they go out in layers. So more and more buyers may come in.
3. It is true that XUII took a hit due to those early scare tactics (and later partially coz many moved on to play other pennies on the run) BUT the play is NOT over. That chart has proved that over two weeks of holding up at a respective PPS.
Its wise to watch the chart / L2 / Time n Sales. There's still a lot of money to be made on this. I am ready with some green powder on Tuesday for this thing.
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