Prospect Global Resources Inc fka PGRX

[FAILURE TO DELIVER]

Its on my radar.L2 action the last two days indicates any decent size bids were simply sold into with any upward momentum squashed by ask stack selling.
If this action continues the result will be a slow slide in price
over the next few days.There is also the possibility that it forms a straight line flag say in the .08-.09 for a few days which would be bullish indicating a base.
Ofcourse any fresh news could sent it but I don't see that in the cards for now.
Someone on the board pointed out this could be the next PLUG,they could be right but that stock also had a few down days after the plunge.
So I'll watch it for now,but regardless of action I'll begin to light load anything in low to mid sevens should they come and heavy load anything 5/6 considering the 41M at .12 recent sale.
FTD