Leaguetrader, as a rookie investor, I bought more of this stock...

Leaguetrader, as a rookie investor, I bought more of this stock at 12.5 this morning. How could I have been sure that 12.5c was going to be the high?

I saw the market flatten out around 11.5-12c, and thought that meant that there were not enough buyers to push the price up any further, but was expecting the market to wake up to this stock with more investors coming on board, and continue to push it up to the value I think it deserves atm - around $110M. Why could you have predicted this price drop? The buyer and seller volumes have been constantly fluctuating, so not sure what you mean about your comment on the volumes...

I do agree with you that now is an ideal time to buy back. In terms of your graph, are you suggesting that it moved too high above it's short term moving average?