Thanks jcj for the Fool reasoning fo today's action.
Shorts just may be feeling queasy nervous. Good. Squeeze.......................................
Two types of bottoming come to mind. One is the candle or OHLC with the long tail down, then it ends well above that; classic capitulation. The other being a protracted period of down-down-down; time creates frustration/desperation, again eventually ending in capitulation.
Yesterday my stink bid got hit! A whole single share, one. Today I adjusted the bid and am in for more at a better yield.
To those in under $1.40, I salute you.
OV
PS Note to self: STOP being so darned GREEDY!!
EPW Price at posting:
$1.43 Sentiment: Hold Disclosure: Held