They are doing their best to slow the buying interest...perhaps to help them get back in or indeed simply to generate an intra-day sell-down n which they can scalp a few points...yet the shares rise, then holds, then rises some more.
Its performance is extremely bullish in my view.
The plug up at 22c is looking a little desperate now...and not having the desired results...just as a few of the dumps into the bidders, that were snapped up in milliseconds, equally did not generate the desired results.
If 22c breaks, it will be a quick flurry, party driven by those waiting for it to break this before buying...and partly driven by those either short, or who have simply sold this morning in the expectation they would get back in cheaper.
Seems they may well have to buy back in dearer...lol
This thing does appear to be going to 30c+ near term...judging by the trading patterns...for which I am sure a few close to the company will be happy to see.
Good luck all.
Cheers!
AQR Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held