it will probably bounce a bit off the low 7 cents for a couple...

it will probably bounce a bit off the low 7 cents for a couple of days.
Though I reckon it would be a brave person to assume that 7 cents is the bottom.
I tried to be brave with some play money earlier on March 19 assuming the small up tick was a sign of impending good news about the JV leading to a few cents upwards...the next day in the evening after close the ann about the extension came out ....sold on the following day to stop my losses.
On the bright side at least the decision to sell has turned out well.

I feel for those that are holding in hope.
The amount of red and stress hoping every day the picture will improve is likely huge.