There may have been some tradeable swings early on, but recently, the dips you see on the chart were basically shakes, where the market makers would catch the bid thin or sparse for a few minutes and whack it down for just a few minutes to try to scare the longs into turning loose their shares cheap..
When it didn't work... the price went right back up...
Those watching trading saw the example on Friday where the stock traded at .053, then the bid got thin, and it was whacked down to .04 for just a minute...
Believe it or not... I had left an order in all morning at .04 for "support" and it filled on that "shakeout"... However, I tried to buy more at that price and the shares instantly started climing again and ran right back to new highs..
Tradable pullback? No way... But most of the LONGS here have experienced the similar pullbacks from .026 to .015 and such, so we know the games and just sit tight!
Thanks for the post!
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