No. All this has been is a shorter's wet dream.
It took 3.8M shares to ascend from $0.60 to $1.05.
It took a mere 700,000 to descend from $1.05 to $0.75.
The last couple of days we've churned through 1M shares and have stayed in the 70-cent range.
Bottom-line. The Europeans were on holiday from $1.05 to $0.75, and the 1M shares transacted through the last 2 trading sessions resulted from most of them, as well.
You come back from holiday and see that no one else gave a sh*t, so what else should one expect?
I know this sounds simplified, but in light of a stellar report, this theory holds just as much water as the next.
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