I would say STEV was a long play and a fortunate one for them. It could have tanked just as well. This looks more like STEV, but then again apply the same logic and it could rise or tank. Agree with your assessment Nasty. You have to play according to what is happening and being long on any penny run is as risky as it gets.
I have been out since initial run. I am watching it daily though, in case I see STEV-like action ahead. Good thing is that it has reset. If it gets down to .50 -.60, and sustains at that level, it will get my attention.
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