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robertshao

02/16/17 9:54 AM

#2214 RE: makingbiigdough #2213

$1.21 is the upper band of Bollinger bands, MM let it touch that and pulled it back to close the gap, and may revisit $1.13 again. Buy on the dips may be a good strategy, as mm see no rush to move it higher.

robertshao

02/16/17 10:06 AM

#2215 RE: makingbiigdough #2213

With 13.5 Million ' market cap. ,and insiders are holding 29%, there are not much shares left for Market maker to accumulate around here, what the market makers could do is keep the price within 1.13 to 1.21 area as long as possible.