Wouldn't worry too much about profit takers dragging down the price here. That's how the market works anyway. Traders will take profits and then more traders will jump back in and then profits again, etc.
The important thing to observe is the trend or direction of price movement. With only 5 days trading on the pink sheets its too soon for any reliable technical analysis, so lets give this another week or 2 before we start worrying about profit takers.
all jmho
P.S. If PIOE does happen to fall back into the 30's, I for one will be back in buying and I suspect others will be as well. Let's just try and remain positive here for a few weeks at least. You see what happened after 6 weeks worrying about grey market trading. Turned out to be just a "bump in the road".
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