I wonder if todays signals the bottom for this stock. I never thought it would go as low as 13c in the first place, but opes prime, JP Morgan and tax loss selling sliced it down bit by bit.
Todays volume and price rise gives me hope we're at the turn around point, but too early to say for sure and much will depend on the world economic outlook which is hardly stable.
The report out yesterday mentioned three new distributors through Buckwold and new orders from same. The two Buckwold brothers topped up to hold 5.8 % each at approx 20c and then there is another mob Alberta (ie canadian) listed with 5.8% . Said it before , they should know the sales potential better than anyone.
Cheers
Hendrous
MTM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held