Next leg up 3-5 cents, page-24

This is correct. Pip trading also generates volume and legitimate churn which helps shift immediate supply as it shifts incrementally up. I've traded this stock for pips but am open to holding when it breaks and am willing to pay a bit more at the right time. If the latter happens I view the extra payment as basically an insurance premium from my perspective as MOX is not a stock I am very comfortable about holding in quiet periods. We all have difference tolerance levels for holding, some times from stock to stock. All the different waves together make the overall pattern.