do you see the way the pps is falling now? its movement is a lot different than before. the difference is when i was in the stock, there were a lot of levels of support to fall back on. take a look at the chart NOW, the next strong support is at 0.75.. this is because investors were expecting news on the facility validation on October 7th, now we're at the end of October. i agree with you that today was a strong day, but it was a strong day for majority of stocks. after yesterdays panic sells across the whole market, todays positive GDP report bounced the pps back up as investors regained confidence in the market, yet CVM still finished in the red. there was a $60,000+ buy at the very last minute of the day, so yes CVM did finish the day on a good note as the bulls brought the pps back up to form the hammer.
but... this still doesn't change the fact that it's a pretty big freefall as the next strong support is at 0.75... so dane, expect people to sell out again tomorrow because i bet they wouldn't want to sell out at the 0.75 level...
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