It was running up from the low this AM, then a PR hit claiming a measly 3M added to the float, then a group of opportunists hitting the board claiming lies, unsubstantiated, then it was run down by more bashing and unsubstantiated rhetoric . Cheap shares always inspire volume.
you're extactly right -- the fact that there was such huge and anomalous volume on such a down day means all technical analysis bets are pretty much off -- we'd all like to think there's ONLY 3M more shares than we figured and that they ALL got dumped today -- I'd also like to think I looked like Brad Pitt -- and so people will resort to cheering this stock based on fundamentals, in which case you should be removed from the genepool.
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