I wasnt looking. My chart says it gapped up from .34 to .35. Is that true? Was it one trade? Very very interesting.
Looking at level 2, looks like retailers are bailing at .35 -.36. As I was saying. They found greatful sellers here. Dumb people(medium and long term). I have no confidence they would rebuy in time for the next leg up. They will get caught sitting on their hands. Perfect example of how the game is played. No sellers at .35 a few days ago, threaten support levels, and they come out of the wood works. These investor types are killing us.(On low volume days at least). Retailers have some balls, geez. Where did you buy these shares? .33 cents? 2 cent profit? Ok, I guess. Take it then, and get out of the way.
(Ive done it before, so I cant say I blame them entirely, but they really need to understand whats going on here. This might be the wrong leg to be selling on the way up. People had plenty of time to play these ranges, not sure they have much time left. Seems risky to accept .35 cents to me.