Thanks for that reasoned reply. Not everything is so complicated, though. As the chart pattern lately suggests, there is just more HLXW stock floating around than there is demand for it. Every time it tries to rally, there is plenty of it willing to hit the market. Sad to say, if I were stuck with any at this point, I'd be grateful to get .15 for it. It's the ol' "descending triangle" formation that's been going on for a while. It's a pretty good indicator that there's a good supply of it wanting to go to market, and now .15 is resistance where it was support.
It would be different if there were some fundamantals to back this up, but nah. It's a wannabe, struggling along with 4 or 5 outfits just about like it operating out of what amounts to a garage.
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