Hi All,this stock is very new to me and only popped up on my...

Hi All,
this stock is very new to me and only popped up on my radar a few days ago thanks to a little tip in the day traders forum..

Managed an in and an out thursday/friday but I always like to go back and look at a stock to see "why" there was movement...

From reading the posts, can see we have a new management team in place, a 10million facility (subject to conditions) and alot of announcements about "Targets"..

Also saw a "long term holder" flog off 60% of his holdings not sure what that was about..

But the interesting thing for me was the chart. After looking at it, a downward trend has been in place sing 2008 with one reasonable rally in june 09.. then a continuence of the down trend... So not really knowing anything much about this company history its been a bit of a dog..

the massive increase in volume over the last month has spiked my interest and with "new leadership" some finance, and them making a bit of noise, this stock could spike up to hit its 200day MA...which if that happens in the next week or so, could see us in the high 3 cents range..

I have attached the chart showing the increased volume and the possible run back to the 200day MA..




Second chart is a closer look at the last few days..



Will be very interesting to see if monday can break 2.4c