robmmpretty fair to say of a .003c stock that every .001 is...

robmm

pretty fair to say of a .003c stock that every .001 is going to present resistance, at least until .01c

but looks like buyers are keen to keep chipping away at the big dumps.

i think everyone has been conditioned to believe that all these long term downtrending stocks are owed at least one decent spike on any momentum swing, if not a reversal.

on that basis, the logical place for big resistance with this one is at the gap around 1.1c. by a long margin, most of the volume traded on this stock over the last few years sits at .009c or less. so profit taking should reach a crescendo around there.

besides which, $10m for a one trick bio is probably as high as anyone will be keen to go

the couple of announcements due soon should help it along.