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Re: kmikesara post# 9680

Friday, 03/07/2014 8:21:03 AM

Friday, March 07, 2014 8:21:03 AM

Post# of 15278
Watching the share price intra-day movements over the past week or two, it seems clear that something is maintaining current levels and allowing share price to rise and that's a recent development. The price is no longer being relentlessly manipulated downward, resistance has arisen. From that I conclude it's a large holding because that's what I think it would take - another poster mentioned a technique of "back stopping" a position by a "deep pocket" entity. You could see the other day, for example, that whenever it dipped below 1.10, it almost immediately snapped back, same pretty much true yesterday at about the 1.15 level. Plus, something(s) was buying during the recent massive sell-off, there was a potential to accumulate a large position at a choice price.
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