I purposely waited to respond to this because I wanted to see what my charts ended up showing. As I said, I didn't see $2.30 having any chance of holding. Now the question is whether $2.2s can hold. I don't really have an opinion one way or the other. I enjoy watching the stock price go up, and I enjoy watching it go down, too -- I like TA and charting and all that technical analysis/predictions.
The share price to me is irrelevant at the moment as I don't have any trading shares to worry about. Three years from now this stock will either be ten cents or twenty or more dollars. The day to day is moot.
If I HAD to guess, I think we retest the low 2s. A few days ago I thought maybe 1s were possible, but AVXL showed a bit more strength than I gave it credit.
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