Some soaking around these levels is fine.
I also believe ST traders will be pulling money out of competitive stock and placing in the daily movers
(i.e AVZ/AGY) simply to catch the ride.
Also many will choose to take profits at this level and who can blame them for securing their profits?
But again this is just pipeline churn so if you can get in sub 1.8 now is a good time to get in imo based upon consideration of the previous known highs (let alone analysis of the business fundamentals).
Unfortunately some may have bought in on the crest of the wave. If that's you sit tight because at these levels their plenty of short term growing room left in this stock.
GLTAH
New Alderan Resources research, page-35
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