The seller who has knocked this stock down has been taken out I would guess, mind you I think a good guess.
Now this has passed the price should and I think will rise on "normal" trading.
This ramping down of the stock that way is like throwing money away, but as I said there appeared to be a reason.
Double figures is not if but when now. I expect 16 cents to be tested soon. I would say there have been a few on the sidelines waiting for this seller to be taken out, now the clouds have cleared.
And what was that about meaningless vol.
I am going to enjoy the next couple of months.
GCN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held