Actually there are a lot of penny players who will sell out on fridays. Especially when it appears that upward momo has been dampened and they can still get out with a profit. As far as the "rumor" of news goes...well that's all it ever was. A rumor. Will we hear something different in the upcoming days? We shall see. One important note though. This drop occurred with very minimal volume. An equal amount of minimal volume can bring it right back up. The spreads are large and the price moves on light volume suggesting that shares are VERY TIGHT. Still a very good potential play.
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