$heff's $tation of $tocks & $olid DD

[trade2much]

Good luck with that DITR -

JMHO it seems to have been held down all day by some big asks. I wondered on first glance if it was simply dilution, but the company did an offering in OCT so I rather doubt it. They have 10M COH according to Finviz.

I am inclined to believe that some big players want in at yesterdays pricing. .155
It ran like a scolded cat this morning then suddenly in came either shorts, puts or profit taking, not sure which. But they stole some shares from me before it then bounced up again.

One thing which seems evident is that they had a new issue in OCT it drove the SP down (ref to the chart) as is usually the case, then after a retrace it broke through the start of resistance.

Your guess is as good if not better than mine.
Take care buddy