The Algo`s caused the fall,and triggered sellers in the process. Then when we were at 2.97-98,some traders took profit,and the Algo`s quickly pushed it down .04 cents the second there was a gap in buying for a couple of seconds,at around 2.96,I was watching it like a hawk. Right around 3.45 or so they walked it down to 2.92,and they held it tight till the close. One of these weeks coming we`ll wake up to news,and they`ll be forced o cover what`s left,that they need to cover,and these lows will be the starting point for it,rather than into the mid 3`s. Every cent counts with these manipulating shorts and they`re Algo`s,and they know the possibility of news is eminent,so holding it down as low as possibly before it hits,while they slowly cover,IMO,it`s what they`re doing right now.
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