i think you are right about " it dropped before close was the "panic" selling of our fellow ihub contributors. btw, I was close to sell too after mediascans comment. "
The volume was less than 25% of total volume to drop from .23 (around 250K out of 1 million), it was overeaction.
Mainly the holders didn't understand rule 144 (i didn't), then those who were going to buy decide to hold off. So it was the lack of buyer and panic/not well educated traders about how 144 works rush to sell. I am one of them... sorry.
I won't be surprised to see AAGH goes up tomorrow and sits at .24 to .27 tomorrow. Remember that the request from Mak was from yesterday. Some people probably knew about it and think that the market would come down after the first reaction of the filing. So they sold and hope to get in cheaper as price drop.
But now that people are getting educated about 144 restrictions, things will probably go back up and might even push this over .30
I guess my prediction of .50 to .60 by the end of this week is wrong. But I do think that this one will see a new high of year very soon, next month maybe.
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